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Friday, December 16, 2011

Undervalued Stock Detected (NYSE: ZQK)

Shares of ZQK traded higher by 10.07% or $0.309/share to $3.38. Quiksilver Inc. is trading at a price to book ratio of 0.93. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.79 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.26. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1079850 shares of ZQK exchange hands on a given day and today's volume is recorded at 474457. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

Quiksilver, Inc. is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.