Under Armour (UA) : Wednesdays money flow data in Under Armour (UA) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $13.94 million, whereas, $11.23 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.24, in favor of the bulls. The total money flow into the stock was $2.71 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $3.15 million. The total value of block trades done on upticks was $3.15 million. Under Armour (UA) fell $0.01 and traded at $39.18, down -0.03% for the day, over previous days close. On a weekly basis, the shares are -0.68% over the previous weeks close.
Under Armour, Inc. has lost 0.58% in the last five trading days and dropped 6.48% in the last 4 weeks. Under Armour, Inc. has dropped 0.93% during the last 3-month period . Year-to-Date the stock performance stands at -2.29%.
Under Armour (UA) has an average broker rating of 1.9, which is interpreted as a Buy, as rated by 26 equity analysts. Nonetheless, 15 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Under Armour (NYSE:UA): The stock opened at $39.59 and touched an intraday high of $40.02 on Wednesday. During the day, the stock corrected to an intraday low of $39.115, however, the bulls stepped in and pushed the price higher to close in the green at $39.38 with a gain of 0.48% for the day. The total traded volume for the day was 3,763,749. The stock had closed at $39.19 in the previous trading session.
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.