Qurate Retail Inc (QRTEA) recent activity suggests a positive outlook with the last week’s performance of 2.26%

A new trading day began on Tuesday, with Qurate Retail Inc (NASDAQ: QRTEA) stock price down -2.10% from the previous day of trading, before settling in for the closing price of $0.53. QRTEA’s price has ranged from $0.40 to $1.80 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -4.72%. Meanwhile, its annual earnings per share averaged 234.14%. With a float of $354.93 million, this company’s outstanding shares have now reached $383.05 million.

The extent of productivity of a business whose workforce counts for 20300 workers is very important to gauge. In terms of profitability, gross margin is 26.69%, operating margin of 6.82%, and the pretax margin is -1.02%.

Qurate Retail Inc (QRTEA) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of Qurate Retail Inc is 10.58%, while institutional ownership is 59.83%. The most recent insider transaction that took place on Sep 12 ’24, was worth 73,808. In this transaction Chief Legal/Admin Officer of this company sold 75,789 shares at a rate of $0.97, taking the stock ownership to the 0 shares. Before that another transaction happened on May 22 ’24, when Company’s President/CEO bought 90,600 for $0.72, making the entire transaction worth $65,223. This insider now owns 1,443,666 shares in total.

Qurate Retail Inc (QRTEA) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 234.14% per share during the next fiscal year.

Qurate Retail Inc (NASDAQ: QRTEA) Trading Performance Indicators

Here are Qurate Retail Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. 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 0.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.58 in one year’s time.

Technical Analysis of Qurate Retail Inc (QRTEA)

The latest stats from [Qurate Retail Inc, QRTEA] show that its last 5-days average volume of 1.91 million was inferior to 3.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.26%. Additionally, its Average True Range was 0.04.

During the past 100 days, Qurate Retail Inc’s (QRTEA) raw stochastic average was set at 7.29%, which indicates a significant decrease from 28.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.40% in the past 14 days, which was lower than the 74.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6397, while its 200-day Moving Average is $0.8519. Now, the first resistance to watch is $0.5365. This is followed by the second major resistance level at $0.5568. The third major resistance level sits at $0.5745. If the price goes on to break the first support level at $0.4985, it is likely to go to the next support level at $0.4808. The third support level lies at $0.4605 if the price breaches the second support level.

Qurate Retail Inc (NASDAQ: QRTEA) Key Stats

With a market capitalization of 204.93 million, the company has a total of 391,748K Shares Outstanding. Currently, annual sales are 10,915 M while annual income is -145,000 K. The company’s previous quarter sales were 2,407 M while its latest quarter income was 20,000 K.