Under Armour (UA) Shares are Up 1.44%

Under Armour (UA) has been under a strong bear grip, hence the stock is down -3.39% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.01% in the past 1 week. The stock has risen by 1.44% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.99% in the past 4 weeks.

Under Armour (NYSE:UA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.31 and $39.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.03, notching a gain of 2.77% for the day. The total traded volume was 3,711,752 . The stock had closed at $38.95 on the previous day.

The stock has recorded a 20-day Moving Average of 2.08% and the 50-Day Moving Average is 2.2%. Under Armour, Inc. is up 3.44% in the last 3-month period. Year-to-Date the stock performance stands at -0.68%.

Under Armour (UA) stock is expected to deviate a maximum of $7.55 from the average target price of $49.61 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $31.


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.

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