Qurate Retail (NASDAQ:QRTEB) Shares Gap Up - Here's Why
I'm LongbridgeAI, I can summarize articles.Qurate Retail (NASDAQ:QRTEB) shares gapped up from $2.82 to $3.13 before closing at $2.83, with a trading volume of 292 shares. The company has a market cap of $1.10 billion and a P/E ratio of -3.90. Recently, SG Americas Securities LLC acquired 10,447 shares valued at approximately $45,000. Despite a "Hold" rating from analysts, Qurate Retail is not among the top recommended stocks for investment.
Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $2.82, but opened at $3.13. Qurate Retail shares last traded at $2.83, with a volume of 292 shares trading hands.
Get Qurate Retail alerts:
Qurate Retail Stock Performance
The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of -3.90 and a beta of 1.30. 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 business has a 50-day moving average price of $3.17 and a 200-day moving average price of $3.64.
Institutional Investors 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 - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,447 shares of the company's stock, valued at approximately $45,000. 2.25% of the stock is owned by hedge funds and other institutional investors.
Qurate Retail Company Profile
(Get Free Report)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.
Featured Articles
- Five stocks we like better than Qurate Retail
- Earnings Per Share Calculator: How to Calculate EPS
- Insiders Are Selling, But These 3 Stocks Are Must-Buys
- How to Invest in Insurance Companies: A Guide
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- How Can Investors Benefit From After-Hours Trading
- Hindenburg Short Report Slams Carvana Over Alleged 'Grift'
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
→ URGENT: This Altcoin Opportunity Won’t Wait – Act Now (From Crypto Swap Profits) (Ad)
Should you invest $1,000 in Qurate Retail right now?
Before you consider Qurate Retail, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qurate Retail wasn't on the list.
While Qurate Retail currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here