Qurate Retail Inc (QRTEA) Beta Value: Understanding the Market Risk

The 36-month beta value for QRTEA is also noteworthy at 2.77. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for QRTEA is 350.07M, and at present, short sellers hold a 1.60% of that float. The average trading volume of QRTEA on April 03, 2024 was 2.89M shares.

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QRTEA) stock’s latest price update

Qurate Retail Inc (NASDAQ: QRTEA) has seen a decline in its stock price by -5.04 in relation to its previous close of 1.19. Finbold reported 2024-03-26 that While Michael Burry undoubtedly pulled off one of the most masterful stock market maneuvers during the 2008 crisis with his ‘Big Short,’ Burry’s performance since has been checkered, albeit leaning toward successful.

QRTEA’s Market Performance

Qurate Retail Inc (QRTEA) has seen a 0.00% fall in stock performance for the week, with a -19.86% decline in the past month and a 29.07% surge in the past quarter. The volatility ratio for the week is 5.16%, and the volatility levels for the past 30 days are at 7.08% for QRTEA. The simple moving average for the past 20 days is -6.84% for QRTEA’s stock, with a 31.21% simple moving average for the past 200 days.

Analysts’ Opinion of QRTEA

Many brokerage firms have already submitted their reports for QRTEA stocks, with BofA Securities repeating the rating for QRTEA by listing it as a “Underperform.” The predicted price for QRTEA in the upcoming period, according to BofA Securities is $1.20 based on the research report published on November 04, 2022 of the previous year 2022.

BofA Securities, on the other hand, stated in their research note that they expect to see QRTEA reach a price target of $6.30, previously predicting the price at $11.50. The rating they have provided for QRTEA stocks is “Neutral” according to the report published on February 28th, 2022.

BofA Securities gave a rating of “Buy” to QRTEA, setting the target price at $16 in the report published on April 09th of the previous year.

QRTEA Trading at 3.41% from the 50-Day Moving Average

After a stumble in the market that brought QRTEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.22% of loss for the given period.

Volatility was left at 7.08%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares sank -13.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.54% upper at present.

During the last 5 trading sessions, QRTEA remain unchanged, which changed the moving average for the period of 200-days by +27.81% in comparison to the 20-day moving average, which settled at $1.2042. In addition, Qurate Retail Inc saw 29.07% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at QRTEA starting from Wendling Brian J, who sale 20,000 shares at the price of $0.89 back on Nov 27 ’23. After this action, Wendling Brian J now owns 20,000 shares of Qurate Retail Inc, valued at $17,852 using the latest closing price.

ROMRELL LARRY E, the Director of Qurate Retail Inc, sale 1,204 shares at $28.56 during a trade that took place back on Nov 08 ’23, which means that ROMRELL LARRY E is holding 0 shares at $34,383 based on the most recent closing price.

Stock Fundamentals for QRTEA

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.31 for the gross margin

The net margin for Qurate Retail Inc stands at -0.01. The total capital return value is set at 0.11. Equity return is now at value -36.39, with -1.21 for asset returns.

Based on Qurate Retail Inc (QRTEA), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 17.27. The interest coverage ratio of the stock is 2.04.

Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 5.22. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 8.34for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.

Conclusion

In summary, Qurate Retail Inc (QRTEA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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