Qurate Retail (NASDAQ:QRTEB) Shares Down 7.3%

Qurate Retail, Inc. (NASDAQ:QRTEB)’s share price traded down 7.3% during mid-day trading on Wednesday . The stock traded as low as $3.80 and last traded at $3.80. 113 shares changed hands during trading, a decline of 98% from the average session volume of 5,589 shares. The stock had previously closed at $4.10.

Qurate Retail Price Performance

The business has a fifty day moving average price of $4.02 and a 200-day moving average price of $5.03. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 12.97.

Qurate Retail (NASDAQ:QRTEB) last posted its earnings results on Wednesday, May 8th. The company reported $0.04 earnings per share for the quarter. Qurate Retail had a positive return on equity of 23.19% and a negative net margin of 1.56%. The company had revenue of $2.34 billion during the quarter.

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.