QVC Group (NASDAQ:QVCGA) Rating Lowered to “Sell” at Wall Street Zen

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

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of QVC Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

QVC Group Trading Up 25.7%

Shares of NASDAQ:QVCGA opened at $4.11 on Friday. The firm has a market cap of $33.17 million, a price-to-earnings ratio of -0.01 and a beta of 2.67. The stock’s 50-day moving average price is $10.04 and its two-hundred day moving average price is $9.60. QVC Group has a 12-month low of $2.27 and a 12-month high of $31.25.

Institutional Investors Weigh In On QVC Group

Institutional investors have recently bought and sold shares of the business. Bridgeway Capital Management LLC acquired a new stake in shares of QVC Group in the second quarter worth $30,000. XTX Topco Ltd purchased a new stake in QVC Group during the 2nd quarter worth $32,000. Simplify Asset Management Inc. acquired a new stake in QVC Group in the 2nd quarter valued at $33,000. Qube Research & Technologies Ltd purchased a new position in QVC Group in the second quarter valued at about $37,000. Finally, Invesco Ltd. acquired a new position in shares of QVC Group during the second quarter worth about $47,000. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

About QVC Group

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.