QVC Group (NASDAQ:QVCGA) Stock Rating Upgraded by Wall Street Zen

QVC Group (NASDAQ:QVCGA) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of QVC Group in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

QVC Group Price Performance

NASDAQ QVCGA opened at $7.07 on Friday. QVC Group has a 12 month low of $2.27 and a 12 month high of $31.25. The firm has a market capitalization of $57.04 million, a PE ratio of -0.02 and a beta of 3.04. The company’s 50 day simple moving average is $12.20 and its 200 day simple moving average is $7.15.

QVC Group (NASDAQ:QVCGA) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($9.89) EPS for the quarter. The firm had revenue of $2.21 billion during the quarter.

Hedge Funds Weigh In On QVC Group

Several hedge funds have recently bought and sold shares of QVCGA. Vanguard Group Inc. increased its holdings in shares of QVC Group by 7.5% during the 3rd quarter. Vanguard Group Inc. now owns 614,929 shares of the company’s stock valued at $8,295,000 after acquiring an additional 42,913 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of QVC Group in the third quarter valued at approximately $116,000. Bridgeway Capital Management LLC acquired a new stake in shares of QVC Group in the second quarter worth $30,000. Qube Research & Technologies Ltd bought a new stake in shares of QVC Group during the 2nd quarter worth $37,000. Finally, Diametric Capital LP bought a new position in QVC Group in the 2nd quarter worth $48,000. 64.10% of the stock is owned by institutional investors and hedge funds.

About QVC Group

QVC Group, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.