Qurate Retail (NASDAQ:QRTEB) Trading Down 3.5%

Qurate Retail, Inc. (NASDAQ:QRTEB)’s share price traded down 3.5% on Tuesday . The stock traded as low as $3.90 and last traded at $3.90. 305 shares were traded during mid-day trading, a decline of 95% from the average session volume of 5,699 shares. The stock had previously closed at $4.04.

Qurate Retail Stock Performance

The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 12.97. The stock has a market capitalization of $1.53 billion, a P/E ratio of -9.62 and a beta of 1.31. The business has a fifty day moving average price of $4.02 and a 200-day moving average price of $4.97.

Qurate Retail (NASDAQ:QRTEB) last issued its earnings results on Wednesday, May 8th. The company reported $0.04 earnings per share for the quarter. Qurate Retail had a positive return on equity of 23.19% and a negative net margin of 1.56%. The business had revenue of $2.34 billion during the quarter.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.