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 Video: What is a Stock Split?
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| Quiksilver designs, develops and distributes apparel, footwear, accessories and related products. Co.'s brands include Quiksilver, which includes a range of products for men, women and children inspired by surfing and boardriding sports; DC, which inlcudes a range of products for men, women and children inspired by skateboarding, motocross, BMX, rally car and snowboarding; as well as Roxy, which includes a range of products for young women and children inspired by surfing, beach and boardriding sports. Co. has four operating segments consisting of the Americas; Europe, Middle East and Africa; Asia/Pacific, each of which sells a range of Co.'s products; as well as Corporate Operations. According to our ZQK split history records, ZQK has had 4 splits. | |
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ZQK (ZQK) has 4 splits in our ZQK split history database. The first split for ZQK took place on April 27, 1998. This was a 2 for 1
split, meaning for each share of ZQK owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. ZQK's second split took place on April 26, 1999. This was a 3 for 2
split, meaning for each 2
shares of ZQK owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. ZQK's third split took place on May 09, 2003. This was a 2 for 1 split, meaning for each share of ZQK owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. ZQK's 4th split took place on May 12, 2005. This was a 2 for 1 split, meaning for each share of ZQK owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as ZQK splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ZQK split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ZQK shares, starting with a $10,000 purchase of ZQK, presented on a split-history-adjusted basis factoring in the complete ZQK split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
09/09/2015 |
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| Start price/share: |
$1.48 |
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| End price/share: |
$0.46 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-68.92% |
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| Annualized Gain: |
-92.82% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,108.00 |
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| Years: |
0.74 |
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| Date |
Ratio |
| 04/27/1998 | 2 for 1
| | 04/26/1999 | 3 for 2
| | 05/09/2003 | 2 for 1 | | 05/12/2005 | 2 for 1 |
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