Qurate Retail (NASDAQ:QRTEB) Shares Gap Up – What’s Next?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) gapped up before the market opened on Tuesday . The stock had previously closed at $2.72, but opened at $2.92. Qurate Retail shares last traded at $2.92, with a volume of 222 shares.

Qurate Retail Trading Down 6.9 %

The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The stock has a market cap of $1.07 billion, a PE ratio of -3.79 and a beta of 1.30. The business’s fifty day moving average is $3.33 and its 200 day moving average is $3.71.

Institutional Investors Weigh In On Qurate Retail

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC bought a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is owned by institutional investors and hedge funds.

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.