Zumiez ( ZUMZ) is a mall-based specialty retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name. This stock is trading up 1.5% at $31.44 in recent trading after hitting a 52-week high of $31.63 earlier in the day. Today's Range: $30.47-$31.63 52-Week Range: $15.85-$30.96 Volume: 600,000 Three-Month Average Volume: 540,881 Zumiez has a market cap of $965.9 million and an enterprise value of $826.3 million. The stock trades at a trailing price-to-earnings of 28.59 and a forward price-to-earnings of 22.66. Its estimated growth rate for this year is 31.8%, and for next year it's pegged at 18.1%. The current short interest as a percentage of the float for Zumiez is extremely high at 22.4%. >>5 Large-Cap Stocks That Could Pop in 2012 From a technical standpoint, ZUMZ has started to trigger a major breakout trade today now that this stock is moving above some past overhead resistance at $30.40 to $30.90 with solid volume. Traders should now look for a sustained high-volume move and close above those levels to signal that ZUMZ wants to challenge its 2010 high of $33.13. Look for ZUMZ to close near its daily highs and for volume to be well above 540,881 shares.
Irish pharmaceuticals company Shire said on Friday it had arranged to hand its Dermagraft skin substitute to Organogenesis and take a $650 million loss on the disposal, which unwinds a major part of an acquisition it made less than three years ago.