Qurate Retail Inc [QRTEA] stock prices are up 6.78% to $0.66 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The QRTEA shares have lost -0.65% over the last week, with a monthly amount drifted -8.42%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Qurate Retail Inc [NASDAQ: QRTEA] stock has seen the most recent analyst activity on November 04, 2022, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $1.20 from $4. Previously, BofA Securities downgraded its rating to Neutral on February 28, 2022, and dropped its price target to $6.30. On April 09, 2021, BofA Securities initiated with a Buy rating and assigned a price target of $16 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $11 on December 15, 2020. BofA Securities upgraded its rating to a Neutral and raised its price target to $9 on November 06, 2020. UBS downgraded its rating to Neutral for this stock on April 21, 2020, and downed its price target to $9. In a note dated March 20, 2019, Evercore ISI initiated an In-line rating and provided a target price of $20 on this stock.
The stock price of Qurate Retail Inc [QRTEA] has been fluctuating between $0.40 and $1.80 over the past year. Qurate Retail Inc [NASDAQ: QRTEA] shares were valued at $0.66 at the most recent close of the market.
Analyzing the QRTEA fundamentals
The Qurate Retail Inc [NASDAQ:QRTEA] reported sales of 10.61B for trailing twelve months, representing a drop of -11.42%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.36 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 26.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6217 points at the first support level, and at 0.5834 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6807, and for the 2nd resistance point, it is at 0.7014.
Ratios To Look Out For
It’s worth pointing out that Qurate Retail Inc [NASDAQ:QRTEA]’s Current Ratio is 1.33. Also, the Quick Ratio is 0.89, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 0.02, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved Rawlinson David, President/CEO, that happened on May 22 ’24 when 90600.0 shares were purchased. President/CEO, Rawlinson David completed a deal on May 21 ’24 to buy 9400.0 shares. Meanwhile, CAO/PFO Wendling Brian J sold 20000.0 shares on Nov 27 ’23.
