Shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) were up 5.9% during mid-day trading on Monday . The company traded as high as $11.97 and last traded at $11.84, approximately 2,714,726 shares traded hands during trading. A decline of 25% from the average daily volume of 3,614,317 shares. The stock had previously closed at $11.18.

Several equities research analysts have issued reports on QRTEA shares. Zacks Investment Research downgraded Qurate Retail Inc Series A from a “hold” rating to a “sell” rating in a research report on Wednesday, August 14th. DA Davidson set a $16.00 price target on Qurate Retail Inc Series A and gave the company a “buy” rating in a research report on Friday, August 9th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $23.17.

The stock has a market capitalization of $5.07 billion, a P/E ratio of 6.36, a PEG ratio of 0.59 and a beta of 1.19. The company has a quick ratio of 0.64, a current ratio of 1.11 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average price of $12.25 and a two-hundred day moving average price of $14.40.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The company had revenue of $3.11 billion during the quarter, compared to analyst estimates of $3.11 billion. Qurate Retail Inc Series A had a net margin of 3.75% and a return on equity of 14.15%. Qurate Retail Inc Series A’s revenue was down 3.8% compared to the same quarter last year. During the same period last year, the business earned $0.46 earnings per share. On average, sell-side analysts expect that Qurate Retail Inc Series A will post 1.7 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in QRTEA. Avestar Capital LLC raised its stake in Qurate Retail Inc Series A by 27.0% in the second quarter. Avestar Capital LLC now owns 4,269 shares of the company’s stock valued at $32,000 after purchasing an additional 908 shares in the last quarter. TRUE Private Wealth Advisors bought a new position in shares of Qurate Retail Inc Series A in the 2nd quarter worth $36,000. Alera Investment Advisors LLC increased its holdings in shares of Qurate Retail Inc Series A by 1,196.4% in the 1st quarter. Alera Investment Advisors LLC now owns 2,541 shares of the company’s stock worth $41,000 after buying an additional 2,345 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Qurate Retail Inc Series A by 5,205.5% in the 1st quarter. Quadrant Capital Group LLC now owns 2,918 shares of the company’s stock worth $46,000 after buying an additional 2,863 shares during the last quarter. Finally, Zions Bancorporation N.A. raised its position in shares of Qurate Retail Inc Series A by 61.0% during the 1st quarter. Zions Bancorporation N.A. now owns 3,279 shares of the company’s stock valued at $53,000 after buying an additional 1,242 shares in the last quarter. 90.80% of the stock is currently owned by hedge funds and other institutional investors.

About Qurate Retail Inc Series A (NASDAQ:QRTEA)

Qurate Retail, Inc, through 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 live video programs, Websites, and mobile applications to 404 million households worldwide each day.

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