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Quiksilver (ZQK) Jumps: Stock Rises 5.4%

Zacks Equity Research

Quiksilver Inc. (ZQK) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.18 to $7.88 in the past one-month time frame.

The company has seen five negative revisions in the past 30 days while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

Quiksilver currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

However, some better-ranked stocks in the textile-apparel i
G-III Apparel Group, Ltd. ndustry include Hanesbrands Inc. (HBI), Michael Kors Holdings Ltd. (KORS) and G-III Apparel (GIII). While Hanesbrands and Michael Kors have a Zacks Rank #1 (Strong Buy), G-III Apparel carries a Zacks Rank #2 (Buy).

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QUIKSILVER INC (ZQK): Free Stock Analysis Report

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Read the analyst report on GII

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