Qurate Retail Inc (NASDAQ: QRTEA) is -64.07% lower on its value in year-to-date trading and has touched a low of $0.33 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 $0.34 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.31, the stock is -17.87% and -31.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.66 million and changing -7.12% at the moment leaves the stock -54.71% off its SMA200. QRTEA registered -62.97% loss for a year compared to 6-month loss of -48.85%. The firm has a 50-day simple moving average (SMA 50) of $0.4598 and a 200-day simple moving average (SMA200) of $0.6948.
The stock witnessed a -12.73% gain in the last 1 month and extending the period to 3 months gives it a -43.37%, and is -14.35% down 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 7.46% over the week and 9.86% over the month.
Qurate Retail Inc (QRTEA) has around 20300 employees, a market worth around $139.75M and $10.24B in sales. Profit margin for the company is -2.71%. Distance from 52-week low is -3.79% and -82.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.28%).
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Qurate Retail Inc (QRTEA) Top Institutional Holders
231.0 institutions hold shares in Qurate Retail Inc (QRTEA), with institutional investors hold 66.00% of the company’s shares. The shares outstanding are 388.02M, and float is at 354.92M with Short Float at 1.10%. Institutions hold 60.36% of the Float.
The top institutional shareholder in the company is CONTRARIUS INVESTMENT MANAGEMENT LTD with over 35.25 million shares valued at $22.21 million. The investor’s holdings represent 8.9925% of the QRTEA Shares outstanding. As of 2024-06-30, the second largest holder is FPR PARTNERS LLC with 29.93 million shares valued at $18.86 million to account for 7.6354 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 28.64 million shares representing 7.3072% and valued at over $18.05 million, while D. E. SHAW & CO., INC. holds 4.8491 of the shares totaling 19.01 million with a market value of $11.98 million.
Qurate Retail Inc (QRTEA) Insider Activity
The most recent transaction is an insider sale by Wendling Brian J, the company’s CAO/PFO. SEC filings show that Wendling Brian J sold 4,500 shares of the company’s common stock on Dec 17 ’24 at a price of $36.70 per share for a total of $0.17 million. Following the sale, the insider now owns 0.0 shares.
Qurate Retail Inc disclosed in a document filed with the SEC on Dec 05 ’24 that Wendling Brian J (CAO/PFO) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $38.41 per share for $0.19 million. Following the transaction, the insider now directly holds 4500.0 shares of the QRTEA stock.
Still, SEC filings show that on Nov 21 ’24, Wendling Brian J (CAO/PFO) disposed off 43,064 shares at an average price of $0.36 for $15572.0. The insider now directly holds 0 shares of Qurate Retail Inc (QRTEA).
