Large Inflow of Money Detected in Under Armour

Under Armour (UA) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $17.62 million worth of transactions were on upticks, whereas, the downticks accounted for $11.53 million worth of transactions. The net money flow was a positive $6.1 million and the uptick to downtick ratio was 1.53. The net money flow into the stock was $4.28 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.28 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Under Armour (UA) was trading at $41.44, down $0.07 during day. The stock slid -0.17% over the previous days close. For the week, the stock recorded 2.5% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 6.7% and the 50-Day Moving Average is 8.35%. Shares have dropped -9.23% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $52.95 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $38.15 and the 200 Day Moving Average price is recorded at $39.75.

Under Armour (NYSE:UA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.79 and $41.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $42.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.54, notching a gain of 0.07% for the day. The total traded volume was 3,222,170 . The stock had closed at $41.51 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Mirchin Matthew C, (President of North America) of Under Armour, Inc., had unloaded 26,377 shares at an average price of $46.43 in a transaction dated on April 25, 2016. The total value of the transaction was worth $1,224,684.

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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