Kirkland's Jumps Sharply On Fast Money Comments (KIRK)

Shares of Kirkland's KIRK have soared during Friday's trading session after Fast Money's Anthony Scaramucci highlighted the stock as "the hedge fund trade of the week." Scaramucci said that he believes the stock can trade up to $23. On Friday, the shares have risen 10.41% to $13.25. Volume has been heavy with almost 1 million shares already trading hands compared to a daily average volume of 357,000. KIRK trades at a trailing P/E of 7.98, a forward P/E of 9.89 and a PEG ratio of 0.77. Kirkland's stores present a line of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products.