Qurate Retail (NASDAQ:QRTEB) Shares Gap Down – Here’s What Happened

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped down before the market opened on Monday . The stock had previously closed at $3.02, but opened at $2.93. Qurate Retail shares last traded at $2.93, with a volume of 100 shares.

Qurate Retail Trading Down 3.0 %

The company has a fifty day simple moving average of $3.41 and a two-hundred day simple moving average of $3.74. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74. The company has a market cap of $1.16 billion, a PE ratio of -4.25 and a beta of 1.30.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors and hedge funds.

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.