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Is Qurate Retail Inc (QRTEA) a good stock to buy now?

Qurate Retail Inc (NASDAQ: QRTEA) is -20.63% lower on its value in year-to-date trading and has touched a low of $0.40 and a high of $1.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QRTEA stock was last observed hovering at around $0.68 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $0.69, the stock is 4.58% and -6.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.82 million and changing 2.75% at the moment leaves the stock -16.93% off its SMA200. QRTEA registered -35.06% loss for a year compared to 6-month loss of -17.48%.

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The stock witnessed a -6.40% gain in the last 1 month and extending the period to 3 months gives it a -33.82%, and is 11.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.74% over the week and 7.02% over the month.

Qurate Retail Inc (QRTEA) has around 20300 employees, a market worth around $275.78M and $10.61B in sales. Fwd P/E is 1.10. Profit margin for the company is -1.56%. Distance from 52-week low is 73.72% and -61.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).

The EPS is expected to grow by 254.63% this year.

Qurate Retail Inc (QRTEA) Top Institutional Holders

The shares outstanding are 383.05M, and float is at 354.79M with Short Float at 2.84%.

Qurate Retail Inc (QRTEA) Insider Activity

The most recent transaction is an insider purchase by Rawlinson David,the company’sPresident/CEO. SEC filings show that Rawlinson David bought 90,600 shares of the company’s common stock on May 22 ’24 at a price of $0.72 per share for a total of $65223.0. Following the purchase, the insider now owns 1.44 million shares.

Qurate Retail Inc disclosed in a document filed with the SEC on May 21 ’24 that Rawlinson David (President/CEO) bought a total of 9,400 shares of the company’s common stock. The trade occurred on May 21 ’24 and was made at $0.71 per share for $6655.0. Following the transaction, the insider now directly holds 1.35 million shares of the QRTEA stock.

Still, SEC filings show that on Nov 27 ’23, Wendling Brian J (CAO/PFO) disposed off 20,000 shares at an average price of $0.89 for $17852.0. The insider now directly holds 20,000 shares of Qurate Retail Inc (QRTEA).

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