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The closing price of Qurate Retail Inc (NASDAQ: QRTEA) was $0.56 for the day, down -1.93% from the previous closing price of $0.57. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 1.63 million shares were traded. QRTEA stock price reached its highest trading level at $0.5832 during the session, while it also had its lowest trading level at $0.5601.
Ratios:
Our analysis of QRTEA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 22.02 whereas as Long-Term Debt/Eq ratio is at 19.41.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Wilm Renee L sold 75,789 shares for $0.97 per share. The transaction valued at 73,808 led to the insider holds 0 shares of the business.
Rawlinson David bought 90,600 shares of QRTEA for $65,223 on May 22 ’24. The President/CEO now owns 1,443,666 shares after completing the transaction at $0.72 per share. On May 21 ’24, another insider, Rawlinson David, who serves as the President/CEO of the company, bought 9,400 shares for $0.71 each. As a result, the insider paid 6,655 and bolstered with 1,353,066 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 250961232 and an Enterprise Value of 6329308160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 0.61 whereas that against EBITDA is 6.121.
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 -3.76%, while the 200-Day Moving Average is calculated to be -31.18%.
Shares Statistics:
QRTEA traded an average of 2.55M shares per day over the past three months and 2737150 shares per day over the past ten days. A total of 383.05M shares are outstanding, with a floating share count of 354.93M. Insiders hold about 10.58% of the company’s shares, while institutions hold 59.72% stake in the company. Shares short for QRTEA as of 1727654400 were 4610839 with a Short Ratio of 1.81, compared to 1724976000 on 4723698. Therefore, it implies a Short% of Shares Outstanding of 4610839 and a Short% of Float of 1.3200001.
