QVC Group Updates SEC Registration Amid Stock Split

QVC Group ( (QVCGA) ) has shared an update.

QVC Group has made amendments to its registration statements on Form S-8 with the SEC, which are related to the company’s undistributed shares of Common Stock. These changes are due to a Reverse Stock Split, which proportionately reduces the number of shares covered by the effective registration statements.

The most recent analyst rating on (QVCGA) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on QVC Group stock, see the QVCGA Stock Forecast page.

Spark’s Take on QVCGA Stock

According to Spark, TipRanks’ AI Analyst, QVCGA is a Underperform.

QVCGA’s overall stock score is low due to significant financial challenges, including declining revenues, negative profitability, and high leverage. Technical indicators show bearish momentum, and the valuation is unattractive with a negative P/E ratio. Despite some positive developments in streaming engagement and strategic initiatives, the guidance from the earnings call and corporate events like the reverse stock split indicate ongoing difficulties.

To see Spark’s full report on QVCGA stock, click here.

More about QVC Group

Average Trading Volume: 5,130,444

Technical Sentiment Signal: Strong Sell

Current Market Cap: $87.09M

For detailed information about QVCGA stock, go to TipRanks’ Stock Analysis page.