Now Is The Time To Build A Position In Qurate Retail Inc (NASDAQ:QRTEA)

Qurate Retail Inc (NASDAQ:QRTEA) has a beta value of 2.78 and has seen 0.38 million shares traded in the recent trading session. The QRTEA stock price is -373.68% off its 52-week high price of $1.80 and 18.42% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.57 million shares traded. The 3-month trading volume is 2.50 million shares.

Qurate Retail Inc (NASDAQ:QRTEA) trade information

Sporting -1.51% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QRTEA stock price touched $0.38 or saw a rise of 2.56%. Year-to-date, Qurate Retail Inc shares have moved 14.91%, while the 5-day performance has seen it change 11.07%. Over the past 30 days, the shares of Qurate Retail Inc (NASDAQ:QRTEA) have changed 8.34%. Short interest in the company has seen 4.87 million shares shorted with days to cover at 1.86.

Qurate Retail Inc (QRTEA) estimates and forecasts

The company’s shares have lost -47.17% over the past 6 months.

QRTEA Dividends

Qurate Retail Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Qurate Retail Inc (NASDAQ:QRTEA)’s Major holders

Insiders own 8.56% of the company shares, while shares held by institutions stand at 60.13% with a share float percentage of 65.76%. Investors are also buoyed by the number of investors in a company, with Qurate Retail Inc having a total of 225.0 institutions that hold shares in the company. The top two institutional holders are CONTRARIUS INVESTMENT MANAGEMENT LTD with over 35.25 million shares worth more than $22.21 million. As of 2024-06-30, CONTRARIUS INVESTMENT MANAGEMENT LTD held 8.9925% of shares outstanding.

The other major institutional holder is FPR PARTNERS LLC, with the holding of over 29.93 million shares as of 2024-06-30. The firm’s total holdings are worth over $18.86 million and represent 7.6354% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Strategic Equity Fund. As of Sep 30, 2024 , the former fund manager holds about 2.76% shares in the company for having 10.7 shares of worth $4.1 million while later fund manager owns 6.88 shares of worth $2.63 million as of Sep 30, 2024 , which makes it owner of about 1.77% of company’s outstanding stock.