Qurate Retail Inc (NASDAQ:QRTEA) price closed higher on Friday, April 12, jumping 1.00% above its previous close.
A look at the daily price movement shows that the last close reads $1.00. The company’s 5Y monthly beta was ticking 2.62. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.80 and 52-week low of $0.40. The stock subtracted -20.47% on its value in the past month.
Qurate Retail Inc, which has a market valuation of $395.67 million, is expected to release its quarterly earnings report May 08, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give QRTEA a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that QRTEA’s price is at present -10.10% off the SMA20 and -10.30% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.13, with weekly volatility standing at 6.75%. The indicator jumps to 7.04% when calculated based on the past 30 days. Qurate Retail Inc (NASDAQ:QRTEA)’s beta value is holding at 2.78, while the average true range (ATR) indicator is currently reading 0.08. An analysis of the Qurate Retail Inc (NASDAQ:QRTEA) stock in terms of its daily trading volume indicates that the 3-month average is 2.84 million.
Current records show that the company has 383.05M in outstanding shares. The insiders’ percentage holdings are 10.59% of outstanding shares while the percentage share held by institutions stands at 64.26%. But the 15.36% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
