Qurate Retail Inc (NASDAQ: QRTEA) is 1.82% higher on its value in year-to-date trading and has touched a low of $0.31 and a high of $1.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QRTEA stock was last observed hovering at around $0.33 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.34, the stock is -4.10% and -14.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.57% at the moment leaves the stock -46.39% off its SMA200. QRTEA registered -59.96% loss for a year compared to 6-month loss of -56.31%. The firm has a 50-day simple moving average (SMA 50) of $0.3928 and a 200-day simple moving average (SMA200) of $0.6269.
The stock witnessed a -8.52% gain in the last 1 month and extending the period to 3 months gives it a -44.30%, and is -9.85% 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 8.24% over the week and 8.78% over the month.
Qurate Retail Inc (QRTEA) has around 20300 employees, a market worth around $153.90M and $10.24B in sales. Profit margin for the company is -2.71%. Distance from 52-week low is 6.80% and -81.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.28%).
227.0 institutions hold shares in Qurate Retail Inc (QRTEA), with institutional investors hold 65.63% of the company’s shares. The shares outstanding are 388.02M, and float is at 354.92M with Short Float at 1.37%. Institutions hold 60.01% 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).
