Market Insights: Qurate Retail Inc (QRTEA)’s Notable Drop of -2.30, Closing at 0.71

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Qurate Retail Inc’s stock clocked out at $0.71, down -2.30% from its previous closing price of $0.73. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 2.11 million shares were traded. QRTEA stock price reached its highest trading level at $0.7407 during the session, while it also had its lowest trading level at $0.71.

Ratios:

To gain a deeper understanding of QRTEA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 28.94 whereas as Long-Term Debt/Eq ratio is at 25.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 04, 2022, Downgraded its rating to Underperform and sets its target price to $1.20 from $4 previously.

On February 28, 2022, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.50 to $6.30.

On April 09, 2021, BofA Securities started tracking the stock assigning a Buy rating and target price of $16.BofA Securities initiated its Buy rating on April 09, 2021, with a $16 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 22 ’24 when Rawlinson David bought 90,600 shares for $0.72 per share. The transaction valued at 65,223 led to the insider holds 1,443,666 shares of the business.

Rawlinson David bought 9,400 shares of QRTEA for $6,655 on May 21 ’24. The President/CEO now owns 1,353,066 shares after completing the transaction at $0.71 per share. On Nov 27 ’23, another insider, Wendling Brian J, who serves as the CAO/PFO of the company, sold 20,000 shares for $0.89 each. As a result, the insider received 17,852 and left with 20,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QRTEA now has a Market Capitalization of 311347776 and an Enterprise Value of 6656801792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 0.627 whereas that against EBITDA is 6.584.

Stock Price History:

Over the past 52 weeks, QRTEA has reached a high of $1.80, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -19.64%, while the 200-Day Moving Average is calculated to be -15.04%.

Shares Statistics:

It appears that QRTEA traded 5.16M shares on average per day over the past three months and 5088850 shares per day over the past ten days. A total of 383.05M shares are outstanding, with a floating share count of 354.37M. Insiders hold about 10.71% of the company’s shares, while institutions hold 62.45% stake in the company. Shares short for QRTEA as of 1715731200 were 8205618 with a Short Ratio of 1.59, compared to 1713139200 on 7790889. Therefore, it implies a Short% of Shares Outstanding of 8205618 and a Short% of Float of 2.35.

Most Popular