Qurate Retail (NASDAQ:QRTEB) Shares Gap Down to $3.70

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped down prior to trading on Wednesday . The stock had previously closed at $3.70, but opened at $3.55. Qurate Retail shares last traded at $3.55, with a volume of 761 shares trading hands.

Qurate Retail Stock Performance

The firm has a fifty day moving average of $3.91 and a 200-day moving average of $4.16. The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 10.65. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -8.71 and a beta of 1.27.

Qurate Retail (NASDAQ:QRTEB) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%. The business had revenue of $2.41 billion during the quarter.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.