QVC Group Inc [NASDAQ: QVCGA] stock went on an upward path that rose over 1.17% on Tuesday, amounting to a one-week price decrease of less than -18.32%.
Over the last 12 months, QVCGA stock dropped by -86.52%. The one-year QVC Group Inc stock forecast points to a potential upside of 80.0. The average equity rating for QVCGA stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $89.94 million, with 394.32 million shares outstanding and 358.39 million shares in the current float. Compared to the average trading volume of 5.04M shares, QVCGA stock reached a trading volume of 5595059 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.02, 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 1.01.
QVCGA Stock Performance Analysis:
QVC Group Inc [QVCGA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.32. With this latest performance, QVCGA shares dropped by -29.84% in over the last four-week period, additionally sinking by -77.03% over the last 6 months – not to mention a drop of -86.52% 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 36.00, with the RSI for the last a single of trading hit 33.24, and the three-weeks RSI is set at 37.09 for QVC Group Inc [QVCGA]. The present Moving Average for the last 50 days of trading for this stock 0.1685, while it was recorded at 0.1126 for the last single week of trading, and 0.3918 for the last 200 days.
Insight into QVC Group Inc Fundamentals:
QVC Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.66.
