Qurate Retail (NASDAQ:QRTEB) Sees Strong Trading Volume – What’s Next?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) saw an uptick in trading volume on Thursday . 4,399 shares changed hands during mid-day trading, an increase of 92% from the previous session’s volume of 2,292 shares.The stock last traded at $2.18 and had previously closed at $2.33.

Qurate Retail Trading Up 0.5 %

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 has a market cap of $873.29 million, a PE ratio of -3.10 and a beta of 1.30. The firm has a fifty day simple moving average of $2.60 and a two-hundred day simple moving average of $3.29.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC acquired a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors and hedge funds own 2.25% of the company’s stock.

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.