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QRTEA’s 2023 Market Dance: Up 11.96% – Time to Invest?

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A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 11.96%. However, over the last six months, the performance has been weaker by 86.00%. The price of QRTEA decreased -12.48% over the last 30 days. And in the last five days, it has fallen by -2.95%.

Qurate Retail Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $1.80 on 02/28/24, and the lowest price during the same period was recorded at $0.40 on 11/01/23.

52-week price history of QRTEA Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Qurate Retail Inc’s current trading price is -45.54% away from its 52-week high, while its distance from the 52-week low is 145.05%. The stock’s price range over this timeframe has been between $0.40 and $1.80. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 0.96 million for the day, which was comparatively lower than the average daily volume of 2.92 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Qurate Retail Inc (QRTEA) has experienced a quarterly rise of 16.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 383.99M and boasts a workforce of 20300 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0050, with a change in price of +0.3353. Similarly, Qurate Retail Inc recorded 3,423,708 in trading volume during the last 100 days, posting a change of +51.15%.

QRTEA’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for QRTEA stands at 18.87. Similarly, the long-term debt-to-equity ratio is also 17.10.

QRTEA Stock Stochastic Average

The raw stochastic average for Qurate Retail Inc over the last 50 days is presently at 19.08%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 16.39%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.59% and 21.79%, respectively.