QVC Group Inc Series A (NASDAQ:QVCGA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of QVC Group Inc Series A (NASDAQ:QVCGA) in a report released on Tuesday. The brokerage issued a hold rating on the stock.

QVC Group Inc Series A Stock Performance

Shares of QVC Group Inc Series A stock traded down $0.00 during trading hours on Tuesday, reaching $0.15. 1,342,717 shares of the stock traded hands, compared to its average volume of 3,303,652. 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 firm has a market capitalization of $59.55 million, a price-to-earnings ratio of -0.21 and a beta of 3.11. The company has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.47. QVC Group Inc Series A has a one year low of $0.13 and a one year high of $1.06.

Hedge Funds Weigh In On QVC Group Inc Series A

Large investors have recently made changes to their positions in the business. Parkwoods Wealth Partners LLC lifted its stake in QVC Group Inc Series A by 70.7% in the 4th quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company’s stock worth $30,000 after purchasing an additional 37,488 shares in the last quarter. Virtu Financial LLC grew its holdings in shares of QVC Group Inc Series A by 76.6% in the third quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock valued at $56,000 after purchasing an additional 39,807 shares in the last quarter. Prudential Financial Inc. purchased a new stake in QVC Group Inc Series A during the fourth quarter valued at $34,000. Kovitz Investment Group Partners LLC purchased a new position in shares of QVC Group Inc Series A in the 3rd quarter worth $101,000. Finally, Two Sigma Securities LLC lifted its holdings in shares of QVC Group Inc Series A by 40.7% in the 4th quarter. Two Sigma Securities LLC now owns 166,473 shares of the company’s stock valued at $55,000 after acquiring an additional 48,134 shares during the last quarter. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

QVC Group Inc Series A Company Profile

QVC Group, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.