On Friday, Qurate Retail Inc (NASDAQ: QRTEA) was -6.89% drop from the session before settling in for the closing price of $0.72. A 52-week range for QRTEA has been $0.40 – $1.80.
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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. When this article was written, the company’s average yearly earnings per share was at 254.63%. With a float of $354.80 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Qurate Retail Inc stocks. The insider ownership of Qurate Retail Inc is 10.60%, while institutional ownership is 62.50%. The most recent insider transaction that took place on May 22 ’24, was worth 65,223. In this transaction President/CEO of this company bought 90,600 shares at a rate of $0.72, taking the stock ownership to the 1,443,666 shares. Before that another transaction happened on May 21 ’24, when Company’s President/CEO bought 9,400 for $0.71, making the entire transaction worth $6,655. This insider now owns 1,353,066 shares in total.
Qurate Retail Inc (QRTEA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 254.63% per share during the next fiscal year.
Qurate Retail Inc (NASDAQ: QRTEA) Trading Performance Indicators
You can see what Qurate Retail Inc (QRTEA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.02. Likewise, its price to free cash flow for the trailing twelve months is 0.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.63 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 2.16 million. That was inferior than the volume of 4.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.56%. Additionally, its Average True Range was 0.04.
During the past 100 days, Qurate Retail Inc’s (QRTEA) raw stochastic average was set at 8.65%, which indicates a significant decrease from 11.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.76% in the past 14 days, which was lower than the 73.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7012, while its 200-day Moving Average is $0.8549. However, in the short run, Qurate Retail Inc’s stock first resistance to watch stands at $0.6949. Second resistance stands at $0.7220. The third major resistance level sits at $0.7441. If the price goes on to break the first support level at $0.6457, it is likely to go to the next support level at $0.6236. Assuming the price breaks the second support level, the third support level stands at $0.5965.
Qurate Retail Inc (NASDAQ: QRTEA) Key Stats
There are 391,748K outstanding shares of the company, which has a market capitalization of 264.98 million. As of now, sales total 10,915 M while income totals -145,000 K. Its latest quarter income was 2,342 M while its last quarter net income were -1,000 K.
