Qurate Retail Inc Series B (NASDAQ:QRTEB) released its earnings results on Friday. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.14, Morningstar.com reports. The company had revenue of $3.23 billion during the quarter. Qurate Retail Inc Series B had a return on equity of 21.05% and a net margin of 10.97%.
NASDAQ QRTEB remained flat at $$23.17 during trading on Friday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 380. The firm has a market cap of $10.66 billion, a P/E ratio of 6.70 and a beta of 0.85. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.57 and a current ratio of 1.00. Qurate Retail Inc Series B has a 52 week low of $19.62 and a 52 week high of $28.90.
A hedge fund recently bought a new stake in Qurate Retail Inc Series B stock. Dimensional Fund Advisors LP acquired a new stake in Qurate Retail Inc Series B (NASDAQ:QRTEB) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 38,728 shares of the company’s stock, valued at approximately $804,000. Institutional investors and hedge funds own 0.03% of the company’s stock.
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Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.
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