Exclusive: Liberty Interactive Group Hit Yearly Low

Exclusive: Liberty Interactive Group Hit Yearly Low

The stock of Liberty Interactive Group (NASDAQ:QVCA) hit a new 52-week low and has $16.90 target or 8.00% below today’s $18.37 share price. The 6 months bearish chart indicates high risk for the $14.31 billion company. The 1-year low was reported on Nov, 4 by Barchart.com. If the $16.90 price target is reached, the company will be worth $1.14B less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 582,063 shares traded hands. Liberty Interactive Group (NASDAQ:QVCA) has declined 27.71% since April 4, 2016 and is downtrending. It has underperformed by 28.80% the S&P500.

Liberty Interactive Group (NASDAQ:QVCA) Ratings Coverage

Out of 10 analysts covering Liberty Interactive (NASDAQ:QVCA), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. Liberty Interactive has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Tuesday, December 8 by Pacific Crest. The stock of Liberty Interactive Group (NASDAQ:QVCA) earned “Buy” rating by Citigroup on Thursday, October 6. Bank of America initiated the stock with “Neutral” rating in Tuesday, September 20 report. The stock has “Outperform” rating given by FBN Securities on Wednesday, August 10. The rating was maintained by Stifel Nicolaus on Thursday, August 6 with “Buy”. The firm has “Buy” rating by Axiom Capital given on Thursday, August 6. Wolfe Research initiated Liberty Interactive Group (NASDAQ:QVCA) rating on Tuesday, September 22. Wolfe Research has “Outperform” rating and $35 price target. UBS maintained the stock with “Buy” rating in Thursday, August 6 report. The rating was maintained by FBR Capital on Friday, August 12 with “Outperform”. Brean Capital maintained it with “Buy” rating and $37 target price in Tuesday, August 18 report.

According to Zacks Investment Research, “Liberty Interactive Corporation, through its subsidiaries, owns interests in video and on-line commerce industries in North America, Europe and Asia. The Company owns interests in home shopping television networks and lifestyle and travel services Internet websites. It markets and sells various consumer products primarily through live televised shopping programs, and Websites and other interactive media, including QVC.com. The Company also operates Websites offering sports gear and clothing for outdoor and active individuals in various categories; sports nutrition, body building, and fitness products; costumes, accessories, décor, party supplies, and invitations; and perishable goods, including flowers, fruits, and desserts, as well as personalized gifts. Liberty Interactive Corporation is headquartered in Englewood, Colorado.”

More recent Liberty Interactive Group (NASDAQ:QVCA) news were published by: Fool.com which released: “Near a 3-Year Low, Is Liberty Interactive Group a Buy?” on August 11, 2016. Also Businesswire.com published the news titled: “Split-Off of Liberty Expedia Holdings Approved at Liberty Interactive’s …” on November 02, 2016. Businesswire.com‘s news article titled: “Liberty Interactive Corporation Reports Second Quarter 2016 Financial Results” with publication date: August 05, 2016 was also an interesting one.

QVCA Company Profile

Liberty Interactive Corporation, incorporated on February 28, 2006, owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. The Company’s principal businesses and assets include its subsidiaries QVC, Inc. (QVC), zulily, llc (zulily), Bodybuilding.com, LLC (Bodybuilding) and CommerceHub and Evite, Inc. (Evite). The Company’s divisions include QVC, zulily, and Corporate and other.

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