Qurate Retail (NASDAQ:QRTEP) Stock Price Up 2.1%

Shares of Qurate Retail, Inc. (NASDAQ:QRTEP) were up 2.1% during trading on Monday . The stock traded as high as $47.28 and last traded at $46.52. Approximately 33,499 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 48,762 shares. The stock had previously closed at $45.58.

Qurate Retail Trading Up 1.1 %

The business’s 50-day moving average is $47.84 and its two-hundred day moving average is $39.13.

Qurate Retail Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $2.00 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 16.75%.

Institutional Investors Weigh In On Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. Shikiar Asset Management Inc. bought a new stake in Qurate Retail, Inc. (NASDAQ:QRTEP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,000 shares of the company’s stock, valued at approximately $298,000.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.