QVC Group Inc (NASDAQ: QVCGA) Recovers 4.52% From 52-Week Low, Is QVCGA Still A High-Risk, High-Reward Play?

QVC Group Inc (NASDAQ:QVCGA) currently has a daily average trading volume of 5.13M but it saw 2694622 shares traded in last market. With a market cap of 82.31M USD, the company’s current market price of $0.10 came falling about -4.33 while comparing to the previous closing price of $0.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.79 and as low as $0.10.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on November 04, 2022, recommending a price target of between $4 and $1.20 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on February 28, 2022 while assigning a price target range of $11.50-$6.30. BofA Securities issued its recommendations for the stock as it initiated the price target for the stock is $16.

Over the week, QVCGA’s stock price is moving -25.82% down while it is -33.73% when we observe its performance for the past one month. Year-to-date it is -69.88% down and over the past year, the stock is showing a downside performance of -86.60%.

Currently, QVC Group Inc’s total number of outstanding shares is 394.32M with 8.93% of that held by the insiders while 48.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -24.62% and return on equity (ROE) at -56.13%. Stock’s beta reads 3.14. Stock has a price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -13.92% on average.