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Under Armour (NYSE:UA) Hits New 12-Month Low - Should You Sell?

Under Armour logo with Consumer Discretionary background
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Under Armour, Inc. (NYSE:UA - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as $5.93 and last traded at $6.15, with a volume of 1545900 shares changing hands. The stock had previously closed at $6.10.

Under Armour Price Performance

The firm has a 50-day moving average of $6.81 and a 200 day moving average of $7.64. The company has a market capitalization of $2.62 billion, a PE ratio of -21.02 and a beta of 1.60. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19.

Under Armour (NYSE:UA - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter in the prior year, the firm posted $0.25 EPS.

Institutional Trading of Under Armour

Large investors have recently modified their holdings of the company. Harbour Investments Inc. boosted its position in Under Armour by 592.9% in the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock worth $26,000 after purchasing an additional 3,000 shares during the last quarter. Bellwether Advisors LLC bought a new position in shares of Under Armour in the 4th quarter worth approximately $29,000. Quarry LP purchased a new position in shares of Under Armour in the fourth quarter worth approximately $30,000. Sugar Maple Asset Management LLC bought a new stake in Under Armour during the fourth quarter valued at approximately $45,000. Finally, Kercheville Advisors LLC purchased a new stake in Under Armour during the fourth quarter valued at approximately $75,000. Institutional investors own 36.35% of the company's stock.

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About Under Armour

(Get Free Report)

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.

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