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Quiksilver (ZQK) Jumps: Stock Moves 7.1% Higher - Tale of the Tape

Posted
12/16/2013 9:25:00 AM
By: Zacks.com
Referenced Stocks:BLDR;BONT;JSAIY;ZQK

Quiksilver Inc. ( ZQK ) was a big mover last session with its shares rising over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down over 8% in the past one-month time frame.

This apparel and accessories retailer has seen a mixed track record when it comes to estimate revisions of one increase and five decreases in the last 30 days, while the Zacks Consensus Estimate hasn't been in a trend. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's rally can last.

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

However, better-ranked stocks in the broader retail and wholesale sector include Builders FirstSource, Inc. ( BLDR ), Bon-Ton Stores Inc. ( BONT ) and J. Sainsbury plc ( JSAIY ). All these stocks sport a Zacks Rank #1 (Strong Buy).

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