Qurate Retail (NASDAQ:QRTEB) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) saw an uptick in trading volume on Thursday . 3,533 shares were traded during trading, an increase of 27% from the previous session’s volume of 2,778 shares.The stock last traded at $2.24 and had previously closed at $2.21.

Qurate Retail Stock Up 0.4 %

The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The firm has a 50-day moving average of $2.75 and a 200 day moving average of $3.37. The stock has a market capitalization of $893.14 million, a price-to-earnings ratio of -3.17 and a beta of 1.30.

Qurate Retail (NASDAQ:QRTEB) last released its earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter. Qurate Retail had a negative net margin of 2.71% and a positive return on equity of 23.22%. The firm had revenue of $2.34 billion during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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.

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.