Qurate Retail (NASDAQ:QRTEB) Shares Gap Down – Time to Sell?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) gapped down before the market opened on Thursday . The stock had previously closed at $3.48, but opened at $3.12. Qurate Retail shares last traded at $3.12, with a volume of 1,086 shares traded.

Qurate Retail Trading Down 10.3 %

The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of -4.39 and a beta of 1.30. The business has a fifty day moving average price of $3.50 and a 200 day moving average price of $3.78. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73.

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 shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by hedge funds and other institutional investors.

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.