Qurate Retail (NASDAQ:QRTEA) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Qurate Retail (NASDAQ:QRTEA) in a report issued on Friday morning. The brokerage issued a hold rating on the stock.

Qurate Retail Price Performance

The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22. Qurate Retail has a twelve month low of $0.31 and a twelve month high of $1.80. The business’s 50-day moving average is $0.36 and its 200-day moving average is $0.47. The stock has a market capitalization of $138.54 million, a price-to-earnings ratio of -0.49 and a beta of 2.69.

Institutional Investors Weigh In On Qurate Retail

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its position in shares of Qurate Retail by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 509,444 shares of the company’s stock valued at $311,000 after acquiring an additional 25,862 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Qurate Retail by 14.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 235,024 shares of the company’s stock valued at $78,000 after acquiring an additional 30,352 shares during the period. Parkwoods Wealth Partners LLC lifted its position in shares of Qurate Retail by 70.7% during the 4th quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company’s stock valued at $30,000 after acquiring an additional 37,488 shares during the period. Virtu Financial LLC lifted its position in shares of Qurate Retail by 76.6% during the 3rd quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock valued at $56,000 after acquiring an additional 39,807 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Qurate Retail by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 3,867,536 shares of the company’s stock valued at $1,277,000 after acquiring an additional 42,600 shares during the period. Hedge funds and other institutional investors own 64.10% of the company’s stock.

About Qurate Retail

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.