QVC Group Inc (NASDAQ:QVCGA) shares traded -18.58% lower at $0.20 on Wall Street last session.
QVCGA stock price is now -3.18% away from the 50-day moving average and -53.35% away from the 200-day moving average. The market capitalization of the company currently stands at $120.36M.
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With the price target reduced from $4 to $1.20, BofA Securities Downgraded its rating from Neutral to Underperform for QVC Group Inc (NASDAQ: QVCGA). On February 28, 2022, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $11.50 to quote $6.30, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Wong Andrea L, Director sold 118,835 shares of the company’s stock on Mar 03 ’25. The stock was sold for $34,201 at an average price of $0.29. Upon completion of the transaction, the Director now directly owns 4,326 shares in the company, valued at $865.2. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, CAO/PFO Wendling Brian J sold 4,500 shares of the business’s stock. A total of $165,129 was realized by selling the stock at an average price of $36.70. A total of 11.17% of the company’s stock is owned by insiders.
During the past 12 months, QVC Group Inc has had a low of $0.13 and a high of $1.01.
The net profit margin was -12.85% and return on equity was -56.13% for QVCGA. The company reported revenue of $2.94 billion for the quarter, compared to $3.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.33 percent.
