Qurate Retail (NASDAQ:QRTEB) Reaches New 1-Year Low – Here’s Why

Qurate Retail, Inc. (NASDAQ:QRTEB) reached a new 52-week low during trading on Thursday . The company traded as low as $2.80 and last traded at $2.80, with a volume of 1168 shares. The stock had previously closed at $3.02.

Qurate Retail Stock Performance

The stock has a fifty day moving average of $3.64 and a 200 day moving average of $3.85. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74.

Institutional Investors Weigh In On 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) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors.

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.