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Quiksilver (NYSE:ZQK) Director Joseph F. Berardino bought 10,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average price of $3.65 per share, for a total transaction of $36,500.00. Following the completion of the purchase, the director now directly owns 90,000 shares in the company, valued at approximately $328,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Quiksilver (NYSE:ZQK) opened at 3.90 on Tuesday. Quiksilver has a 1-year low of $3.13 and a 1-year high of $9.29. The stock has a 50-day moving average of $5.92 and a 200-day moving average of $7.31. The company’s market cap is $664.9 million.

Quiksilver (NYSE:ZQK) last announced its earnings results on Monday, June 2nd. The company reported ($0.15) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.13. The company had revenue of $408.00 million for the quarter, compared to the consensus estimate of $448.60 million. During the same quarter last year, the company posted ($0.12) earnings per share. Quiksilver’s revenue was down 10.5% compared to the same quarter last year. On average, analysts predict that Quiksilver will post $-0.14 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on ZQK shares. Analysts at Roth Capital cut their price target on shares of Quiksilver to $4.00 in a research note on Monday. Separately, analysts at DA Davidson cut their price target on shares of Quiksilver from $10.00 to $5.00 in a research note on Wednesday, June 4th. They now have a “buy” rating on the stock. Finally, analysts at Stifel downgraded shares of Quiksilver from a “buy” rating to a “hold” rating in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. Quiksilver currently has an average rating of “Hold” and an average price target of $6.92.

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.

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