QVC Group Inc [NASDAQ: QVCGA] loss -8.06% on the last trading session, reaching $0.17 price per share at the time.
If compared to the average trading volume of 3.16M shares, QVCGA reached a trading volume of 3220178 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about QVC Group Inc [QVCGA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QVCGA shares is $0.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QVCGA stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for QVC Group Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on November 04, 2022. While these analysts kept the previous recommendation, BofA Securities raised their target price from $11.50 to $6.30. The new note on the price target was released on February 28, 2022, representing the official price target for QVC Group Inc stock. Previously, the target price had yet another raise to $16, while BofA Securities analysts kept a Buy rating on QVCGA stock. On December 15, 2020, analysts increased their price target for QVCGA shares from 10 to 11.
The Average True Range (ATR) for QVC Group Inc is set at 0.03, with the Price to Sales ratio for QVCGA stock in the period of the last 12 months amounting to 0.01. Price to Free Cash Flow for QVCGA in the course of the last twelve months was 0.37 with Quick ratio for the last quarter at 0.82.
Trading performance analysis for QVCGA stock
QVC Group Inc [QVCGA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.08. With this latest performance, QVCGA shares dropped by -52.47% in over the last four-week period, additionally sinking by -66.84% over the last 6 months – not to mention a drop of -84.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QVCGA stock in for the last two-week period is set at 21.79, with the RSI for the last a single of trading hit 15.62, and the three-weeks RSI is set at 26.47 for QVC Group Inc [QVCGA]. The present Moving Average for the last 50 days of trading for this stock 0.3287, while it was recorded at 0.1941 for the last single week of trading, and 0.5053 for the last 200 days.
QVC Group Inc [QVCGA]: A deeper dive into fundamental analysis
QVC Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.82 and a Current Ratio set at 1.21.
An analysis of Institutional ownership at QVC Group Inc [QVCGA]
There are presently around $53.30%, or 58.60%% of QVCGA stock, in the hands of institutional investors.
