Quiksilver (ZQK) Jumps: Stock Rises 5.4% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

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 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).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

SPDR-F/M GI100 (GII): ETF Research Reports

HANESBRANDS INC (HBI): Free Stock Analysis Report

MICHAEL KORS (KORS): Free Stock Analysis Report

QUIKSILVER INC (ZQK): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: GII , HBI , KORS , ZQK

More from Zacks.com




Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com