Quiksilver Stock Falls On Unusually High Volume (ZQK)

NEW YORK ( TheStreet) -- Quiksilver (NYSE: ZQK) is trading at unusually high volume Friday with 3.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 39 cents (-8.5%) at $4.21 as of 1:59 p.m. ET.

Quiksilver has a market cap of $710.5 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 27.4% year to date as of the close of trading on Thursday.

Quiksilver, Inc. designs, develops, produces, and distributes apparel, footwear, accessories, and related products.

TheStreet Ratings rates Quiksilver as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally poor debt management. You can view the full Quiksilver Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
null

If you liked this article you might like

How Buying Lululemon Could Fix VF's Gender Imbalance

Quiksilver Sinks into Bankruptcy, Plans Reoganization

Quiksilver (ZQK) Stock Dives in Pre-Market Trading on Bankruptcy Filing

What to Expect When Quiksilver (ZQK) Reports Earnings Tomorrow

Quiksilver (ZQK) Flagged As Strong On High Volume