Qurate Retail (NASDAQ:QRTEB) Shares Gap Down to $8.07

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped down before the market opened on Thursday . The stock had previously closed at $8.07, but opened at $7.83. Qurate Retail shares last traded at $7.91, with a volume of 491 shares.

The company has a 50 day moving average price of $8.40 and a 200-day moving average price of $10.28. The company has a quick ratio of 0.63, a current ratio of 1.02 and a debt-to-equity ratio of 1.36. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 2.75 and a beta of 1.90.

Qurate Retail (NASDAQ:QRTEB) last released its quarterly earnings data on Thursday, November 4th. The company reported $0.30 earnings per share (EPS) for the quarter. Qurate Retail had a return on equity of 32.26% and a net margin of 8.46%. The company had revenue of $3.14 billion during the quarter.

A hedge fund recently bought a new stake in Qurate Retail stock. Renaissance Technologies LLC purchased a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 10,400 shares of the company’s stock, valued at approximately $138,000. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About Qurate Retail (NASDAQ:QRTEB)

Qurate Retail, Inc engages in the business of video and on-line commerce industries. It operates through the following segments: QxH; QVC International; and Corporate and Others. The QxH segment include distribution of live programming, 20 hours per day, 364 days per year, to television households. The QVC International segment focuses in Germany, Austria, Japan, the U.K., the Republic of Ireland, and Italy to distribute shopping experience via broadcast networks, websites, mobile applications, and social pages.

Further Reading: How is diluted EPS different from basic EPS?

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