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Quiksilver (ZQK) in Focus: Stock Surges 18.8% - Tale of the Tape

Quiksilver Inc. ( ZQK ) was a big mover last session, as the company saw its shares rally over a massive 18% on the day. Though the company posted a loss in fiscal first quarter, it beat analysts' expectations. This led to far more shares changing hands than in a normal session. This stock trading in the volatile price range of $1.58 to $2.26 in the past one-month time frame, showed a pick up yesterday at $2.02.

In the last 30 days, the company witnessed 1 downward estimate revision and the Zacks Consensus Estimate of a loss widened 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 this recent high can last.

Quiksilver currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

A better-ranked stock in the same industry is Gildan Activewear Inc. ( GIL ) with a Zacks Rank #1 (Strong Buy).

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QUIKSILVER INC (ZQK): Free Stock Analysis Report

GILDAN ACTVWEAR (GIL): Free Stock Analysis Report

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


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

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