3 Stocks Pushing The Consumer Non-Durables Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 50 points (0.3%) at 14,379 as of Friday, March 8, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,811 issues advancing vs. 1,063 declining with 140 unchanged.

The Consumer Non-Durables industry currently sits up 0.5% versus the S&P 500, which is up 0.3%. A company within the industry that fell today was Nike ( NKE), up 1.1%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Quiksilver ( ZQK) is one of the companies pushing the Consumer Non-Durables industry lower today. As of noon trading, Quiksilver is down $0.42 (-6.7%) to $5.87 on heavy volume Thus far, 3.3 million shares of Quiksilver exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $5.65-$5.94 after having opened the day at $5.77 as compared to the previous trading day's close of $6.29.

Quiksilver, Inc. designs, develops, markets, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children. It also offers snowboarding equipment. Quiksilver has a market cap of $1.0 billion and is part of the consumer goods sector. Shares are up 48.0% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Quiksilver a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Quiksilver as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk. Get the full Quiksilver Ratings Report now.

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