Qurate Retail (NASDAQ:QRTEB) Shares Gap Up – Should You Buy?

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped up prior to trading on Friday . The stock had previously closed at $2.06, but opened at $2.25. Qurate Retail shares last traded at $2.16, with a volume of 357 shares.

Qurate Retail Stock Performance

The stock has a market cap of $865.35 million, a price-to-earnings ratio of -3.07 and a beta of 1.32. 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 stock’s 50-day moving average is $2.91 and its 200-day moving average is $3.49.

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

Institutional Trading of Qurate Retail

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

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.