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.

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