Qurate Retail (NASDAQ:QRTEB) Sees Unusually-High Trading Volume – What’s Next?

Qurate Retail, Inc. (NASDAQ:QRTEB) saw unusually-strong trading volume on Tuesday . Approximately 5,541 shares were traded during mid-day trading, an increase of 7% from the previous session’s volume of 5,193 shares.The stock last traded at $3.10 and had previously closed at $3.11.

Qurate Retail Stock Down 2.6 %

The firm has a 50-day moving average of $3.28 and a two-hundred day moving average of $3.69. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The company has a market capitalization of $1.20 billion, a PE ratio of -4.27 and a beta of 1.30.

Hedge Funds Weigh In On Qurate Retail

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

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.