Under Armour (UA) has risen sharply, recording gains of 6.74% in the past 4 weeks. However, the stock has corrected -2.07% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 6.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a twenty day Moving Average of 2.96% and the fifty day Moving Average is 4.37%. Under Armour, Inc. is up 11.08% in the last three month period. Year-to-Date the stock performance stands at 4.5%.
Under Armour (UA) has been rated by 18 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $59 and the lowest price target forecast is $31. The average forecast of all the analysts is $49.44 and the expected standard deviation is $7.13.
Under Armour (NYSE:UA): On Fridays trading session , Opening price of the stock was $42.4 with an intraday high of $42.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.82. However, the stock managed to close at $42.12, a loss of 0.26% for the day. On the previous day, the stock had closed at $42.23. The total traded volume of the day was 2,407,909 shares.
Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Companys moisture-wicking fabrications are engineered in a range of designs and styles for wear in nearly every climate to provide an alternative to traditional products. The Companys operating segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and MapMyFitness. The Company also offers digital fitness platform licenses and subscriptions, along with digital advertising through its MapMyFitness business. Its apparel offers three gearlines, including HEATGEAR, COLDGEAR and ALLSEASONGEAR. Its footwear offerings include football, baseball, lacrosse, softball and soccer cleats, slides and performance training, running, basketball and outdoor footwear. Its accessories primarily include the sale of headwear, bags and gloves.