Qurate Retail (NASDAQ:QRTEB) Shares Gap Up to $4.11

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) gapped up before the market opened on Wednesday . The stock had previously closed at $4.11, but opened at $4.57. Qurate Retail shares last traded at $4.10, with a volume of 842 shares trading hands.

Qurate Retail Stock Down 0.2 %

The business has a 50 day moving average price of $4.45 and a 200 day moving average price of $5.81. The firm has a market capitalization of $1.61 billion, a P/E ratio of -11.11 and a beta of 1.35. The company has a debt-to-equity ratio of 9.61, a current ratio of 1.41 and a quick ratio of 1.01.

Qurate Retail (NASDAQ:QRTEB) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter. Qurate Retail had a negative net margin of 1.33% and a positive return on equity of 14.46%. The firm had revenue of $3.14 billion during the quarter.

About Qurate Retail

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.