Qurate Retail Inc (QRTEA) concluded trading on Wednesday at a closing price of $1.22, with 5.46 million shares of worth about $6.66 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 62.67% during that period and on Wednesday the price saw a gain of about 1.67%. Currently the company’s common shares owned by public are about 374.39M shares, out of which, 348.85M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 9 times over the past 12 months. They bought 315,703 shares in 4 of the transactions. In 5 selling transactions, insiders dumped 161,831 shares.
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
Stock saw a price change of 40.85% in past 5 days and over the past one month there was a price change of 49.55%. Year-to-date (YTD), QRTEA shares are showing a performance of 39.35% which decreased to -46.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.40 but also hit the highest price of $2.24 during that period. The average intraday trading volume for Qurate Retail Inc shares is 3.52 million. The stock is currently trading 37.23% above its 20-day simple moving average (SMA20), while that difference is up 37.61% for SMA50 and it goes to 48.61% higher than SMA200.
Qurate Retail Inc (NASDAQ: QRTEA) currently have 374.39M outstanding shares and institutions hold larger chunk of about 64.63% of that.
The stock has a current market capitalization of $475.07M and its 3Y-monthly beta is at 2.67. PE ratio of stock for trailing 12 months is 6.23, while it has posted earnings per share of $0.20 in the same period. It has Quick Ratio of 0.92 while making debt-to-equity ratio of 12.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QRTEA, volatility over the week remained 14.15% while standing at 8.44% over the month.
Analysts are in expectations that Qurate Retail Inc (QRTEA) stock would likely to be making an EPS of $0.13 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.26 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.13 which is $0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.05 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 109.16% while it is estimated to increase by 8.87% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on November 04, 2022 offering an Underperform rating for the stock and assigned a target price range of between $4 and $1.20 to it. Coverage by BofA Securities stated Qurate Retail Inc (QRTEA) stock as a Neutral in their note to investors on February 28, 2022, suggesting a price target of $6.30 for the stock. On April 09, 2021, BofA Securities Initiated their recommendations, while on December 15, 2020, Citigroup Downgrade their ratings for the stock with a price target of $11. Stock get a Neutral rating from BofA Securities on November 06, 2020.
