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An Analysis of Qurate Retail Inc (QRTEA)’s Potential Price Growth

Qurate Retail Inc’s filing revealed that its CAO/PFO Wendling Brian J unloaded Company’s shares for reported $15572.0 on Nov 21 ’24. In the deal valued at $0.36 per share,43,064 shares were sold. As a result of this transaction, Wendling Brian J now holds 0 shares worth roughly $0.0.

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Then, Wilm Renee L sold 75,789 shares, generating $73,808 in total proceeds. Upon selling the shares at $0.97, the Chief Legal/Admin Officer now owns 0 shares.

Before that, Rawlinson David bought 90,600 shares. Qurate Retail Inc shares valued at $65,223 were divested by the President/CEO at a price of $0.72 per share. As a result of the transaction, Rawlinson David now holds 1,443,666 shares, worth roughly $0.61 million.

BofA Securities downgraded its Qurate Retail Inc [QRTEA] rating to an Underperform from a a Neutral in a research note published on November 04, 2022; the price target was decreased to $1.20 from $4. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. BofA Securities began covering QRTEA with “Buy” recommendation on April 09, 2021. Citigroup revised its rating on December 15, 2020. It rated QRTEA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of QRTEA

On Tuesday, Qurate Retail Inc [NASDAQ:QRTEA] saw its stock fall -2.30% to $0.42. Over the last five days, the stock has gained 16.16%. Qurate Retail Inc shares have fallen nearly -51.57% since the year began. Nevertheless, the stocks have fallen -50.15% over the past one year. While a 52-week high of $1.80 was reached on 02/28/24, a 52-week low of $0.35 was recorded on 11/21/24. SMA at 50 days reached $0.5364, while 200 days put it at $0.7678.

Levels Of Support And Resistance For QRTEA Stock

The 24-hour chart illustrates a support level at 0.4092, which if violated will result in even more drops to 0.3943. On the upside, there is a resistance level at 0.4372. A further resistance level may holdings at 0.4503. The Relative Strength Index (RSI) on the 14-day chart is 41.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0029, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.68%. Stochastics %K at 34.00% indicates the stock is a holding.

How much short interest is there in Qurate Retail Inc?

A steep rise in short interest was recorded in Qurate Retail Inc stocks on 2024-11-15, growing by 1.01 million shares to a total of 4.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.24 million shares. There was a rise of 23.71%, which implies that there is a positive sentiment for the stock.

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