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

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped up before the market opened 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 Up 6.3 %

The stock has a market cap of $869.32 million, a price-to-earnings ratio of -3.08 and a beta of 1.32. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74. The firm’s 50 day moving average is $2.89 and its two-hundred day moving average is $3.48.

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

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new position in Qurate Retail, Inc. (NASDAQ:QRTEB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors and hedge funds.

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.