Qurate Retail Inc (NASDAQ: QRTEA) kicked off on Friday, up 15.26% from the previous trading day, before settling in for the closing price of $0.59. Over the past 52 weeks, QRTEA has traded in a range of $0.40-$1.80.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -4.72%. While this was happening, its average annual earnings per share was recorded 234.14%. With a float of $354.93 million, this company’s outstanding shares have now reached $383.05 million.
Considering the fact that the conglomerate employs 20300 people, you should pay attention to its efficiency factor.
Qurate Retail Inc (QRTEA) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Internet Retail Industry. The insider ownership of Qurate Retail Inc is 10.58%, while institutional ownership is 59.81%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.03 earnings per share (EPS), lower than consensus estimate (set at 0.11) by -0.14. 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
Take a look at Qurate Retail Inc’s (QRTEA) current performance indicators. Last quarter, 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 0.03. Likewise, its price to free cash flow for the trailing twelve months is 0.52.
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 0.57 in one year’s time.
Technical Analysis of Qurate Retail Inc (QRTEA)
Compared to the last year’s volume of 3.75 million, its volume of 2.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 65.60%. Additionally, its Average True Range was 0.04.
During the past 100 days, Qurate Retail Inc’s (QRTEA) raw stochastic average was set at 53.60%, which indicates a significant decrease from 90.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.17% in the past 14 days, which was higher than the 67.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6024, while its 200-day Moving Average is $0.8313. Nevertheless, the first resistance level for the watch stands at $0.7205 in the near term. At $0.7598, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8200. If the price goes on to break the first support level at $0.6210, it is likely to go to the next support level at $0.5608. Should the price break the second support level, the third support level stands at $0.5215.
Qurate Retail Inc (NASDAQ: QRTEA) Key Stats
The company with the Market Capitalisation of 270.42 million has total of 391,748K Shares Outstanding. Its annual sales at the moment are 10,915 M in contrast with the sum of -145,000 K annual income. Company’s last quarter sales were recorded 2,407 M and last quarter income was 20,000 K.
