Qurate Retail (NASDAQ:QRTEB) Hits New 1-Year Low – Should You Sell?

Qurate Retail, Inc. (NASDAQ:QRTEB)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $2.14 and last traded at $2.14, with a volume of 159 shares traded. The stock had previously closed at $3.83.

Qurate Retail Stock Performance

The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 10.65. The stock has a 50-day moving average of $3.89 and a 200 day moving average of $3.97. The stock has a market cap of $1.49 billion, a PE ratio of -9.05 and a beta of 1.27.

Qurate Retail (NASDAQ:QRTEB) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%. The business had revenue of $2.41 billion for the quarter.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors own 2.25% of the company’s stock.

About Qurate Retail

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.