BofA Securities has recently reduced Qurate Retail Inc Series A (QRTEA) stock to Underperform rating, as announced on November 4, 2022, according to Finviz. Earlier, on February 28, 2022, BofA Securities had reduced the stock from a Buy to Neutral, setting a price target of $6.30. for QRTEA stock. BofA Securities also initiated Buy rating with a price target of $16. Additionally, Citigroup reduced Neutral rating on December 15, 2020, with a target price of $11. BofA Securities analysts, in their report published on November 6, 2020, also raised Neutral rating and set a price target of $7 for Qurate Retail Inc Series A’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Qurate Retail Inc Series A (QRTEA) Stock Trading Recap
On Friday, Qurate Retail Inc Series A (QRTEA) stock saw a decline, ending the day at $0.5 which represents a decrease of $-0.02 or -3.85% from the prior close of $0.52. The stock opened at $0.52 and touched a low of $0.49 during the day, reaching a high of $0.54. The volume of shares traded was 2.56 million falling short of the average volume of 3.18 million.
QRTEA Stock Performance and Moving Averages
In recent trading, Qurate Retail Inc Series A (QRTEA) stock price has shown some volatility, fluctuating -16.93% over the last five trades and -19.86% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -60.44%, and it has plunged by -32.85% in the previous three months. Currently, QRTEA is trading at -17.22%, -24.69%, and -42.16% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, QRTEA, a Consumer Cyclical sector stock, is trading -72.31% below its 52-week high but remains 24.62% above its 52-week low. The Average True Range (ATR) (14 days) of 0.04 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Qurate Retail Inc Series A’s Profitability and Valuation Ratios
Qurate Retail Inc Series A’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 7.00% and a profit margin of -2.44%, with a gross margin of -60.44%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Qurate Retail Inc Series A’s market capitalization stands at $197.86 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 0.86. Additionally, the Price-to-Sales Ratio is 0.02, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.6, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 10.60% of Qurate Retail Inc Series A (QRTEA)’s shares, while financial institutions hold 59.83%.
