Hot textile-apparel clothing stocks - Quiksilver (ZQK)
Hot Textile-Apparel Clothing Stocks - Quiksilver (ZQK)
Surfersvillage Global Surf News, 16 March, 2013 : - - Quiksilver, Inc.(NYSE:ZQK) jumped +4.44% and closed at $6.59 in the last trading session with the overall traded volume of 2.01 million shares, less versus the average volume of 2.72 million shares. The company earlier had confirmed changes to its lineup of brands during its recent quarterly earnings call with analysts.
Its Quiksilver brand is set to exit the women’s business. The VSTR menswear brand, introduced with Quiksilver-sponsored surfer Kelly Slater, was put to rest in February. The Summer Teeth brand had its management transferred back to owner Dane Reynolds, another Quiksilver-sponsored surfer.
Its 52 weeks high price was $6.83 and suffered lowest price of $2.09 in the same period. ZQK has current ratio of 2.40 and its total debt-to-equity ratio is 1.38. It has market cap of $1.10 billion while its total outstanding shares are 167.19million. The stock beta value stands at 2.71 times.
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Author: The Editors