Qurate Retail (NASDAQ:QRTEB) Stock Price Up 7.1% – Should You Buy?

Qurate Retail, Inc. (NASDAQ:QRTEB) rose 7.1% during trading on Friday . The company traded as high as $3.49 and last traded at $3.49. Approximately 273 shares traded hands during trading, a decline of 94% from the average daily volume of 4,817 shares. The stock had previously closed at $3.26.

Qurate Retail Stock Up 2.1 %

The stock’s 50 day simple moving average is $3.67 and its 200 day simple moving average is $3.87. The stock has a market capitalization of $1.32 billion, a P/E ratio of -4.69 and a beta of 1.31. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 8.74.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 10,447 shares of the company’s stock, valued at approximately $45,000. Hedge funds and other institutional investors own 2.25% of the company’s stock.

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.