Qurate Retail (NASDAQ:QRTEA) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Qurate Retail (NASDAQ:QRTEA) in a research report issued on Thursday. The brokerage set a “hold” rating on the stock.

Qurate Retail Price Performance

Qurate Retail has a one year low of $0.31 and a one year high of $1.80. 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’s 50-day moving average price is $0.36 and its two-hundred day moving average price is $0.47. The firm has a market cap of $138.54 million, a P/E ratio of -0.49 and a beta of 2.69.

Institutional Investors Weigh In On Qurate Retail

Large investors have recently bought and sold shares of the stock. Parkwoods Wealth Partners LLC raised its holdings in shares of Qurate Retail by 70.7% in the fourth quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company’s stock worth $30,000 after acquiring an additional 37,488 shares during the last quarter. Prudential Financial Inc. acquired a new position in Qurate Retail in the 4th quarter valued at about $34,000. Two Sigma Securities LLC lifted its holdings in Qurate Retail by 40.7% in the 4th quarter. Two Sigma Securities LLC now owns 166,473 shares of the company’s stock valued at $55,000 after purchasing an additional 48,134 shares in the last quarter. Virtu Financial LLC boosted its stake 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 worth $56,000 after purchasing an additional 39,807 shares during the last quarter. Finally, Barclays PLC purchased a new stake in shares of Qurate Retail during the fourth quarter worth about $63,000. Institutional investors and hedge funds own 64.10% 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.