Qurate Retail Inc (QRTEA) plunged -2.51 in the last month: It’s impossible to believe the numbers

On Monday, Qurate Retail Inc (NASDAQ: QRTEA) opened lower -2.51% from the last session, before settling in for the closing price of $1.00. Price fluctuations for QRTEA have ranged from $0.40 to $1.80 over the past 52 weeks.

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A company in the Consumer Cyclical sector has dropped its sales by -4.72% annually for the last half of the decade. Company’s average yearly earnings per share was noted 279.00% at the time writing. With a float of $350.31 million, this company’s outstanding shares have now reached $383.05 million.

In an organization with 20300 employees, it is important to assess its efficiency.

Qurate Retail Inc (QRTEA) Insider Updates

A key investor’s attitude towards the stock of the Internet Retail industry is another important factor to consider. The insider ownership of Qurate Retail Inc is 10.58%, while institutional ownership is 64.39%. The most recent insider transaction that took place on Nov 27 ’23, was worth 17,852. In this transaction CAO/PFO of this company sold 20,000 shares at a rate of $0.89, taking the stock ownership to the 20,000 shares. Before that another transaction happened on Nov 08 ’23, when Company’s Director sold 1,204 for $28.56, making the entire transaction worth $34,383. This insider now owns 0 shares in total.

Qurate Retail Inc (QRTEA) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 279.00% per share during the next fiscal year.

Qurate Retail Inc (NASDAQ: QRTEA) Trading Performance Indicators

Check out the current performance indicators for Qurate Retail Inc (QRTEA). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03. Likewise, its price to free cash flow for the trailing twelve months is 0.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.37, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.70 in one year’s time.

Technical Analysis of Qurate Retail Inc (QRTEA)

Let’s dig in a bit further. During the last 5-days, its volume was 2.74 million. That was inferior than the volume of 2.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.41%. Additionally, its Average True Range was 0.08.

During the past 100 days, Qurate Retail Inc’s (QRTEA) raw stochastic average was set at 19.89%, which indicates a significant increase from 15.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.12% in the past 14 days, which was lower than the 85.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1497, while its 200-day Moving Average is $0.8679. However, in the short run, Qurate Retail Inc’s stock first resistance to watch stands at $1.0153. Second resistance stands at $1.0556. The third major resistance level sits at $1.0933. If the price goes on to break the first support level at $0.9373, it is likely to go to the next support level at $0.8996. Assuming the price breaks the second support level, the third support level stands at $0.8593.

Qurate Retail Inc (NASDAQ: QRTEA) Key Stats

There are currently 391,748K shares outstanding in the company with a market cap of 381.92 million. Presently, the company’s annual sales total 10,915 M according to its annual income of -145,000 K. Last quarter, the company’s sales amounted to 3,143 M and its income totaled -273,000 K.