Under Armour, Inc. (NYSE:UA - Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as $5.09 and last traded at $5.14, with a volume of 15219217 shares trading hands. The stock had previously closed at $6.30.
Under Armour Stock Performance
The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of -17.55 and a beta of 1.60. The company has a 50-day moving average price of $6.53 and a 200-day moving average price of $7.56.
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, topping analysts' consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter last year, the firm posted $0.25 earnings per share.
Hedge Funds Weigh In On Under Armour
Several large investors have recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Under Armour in the fourth quarter valued at approximately $18,688,000. Boston Partners lifted its position in Under Armour by 1,317.3% in the fourth quarter. Boston Partners now owns 1,722,420 shares of the company's stock worth $12,852,000 after purchasing an additional 1,600,893 shares during the period. American Century Companies Inc. boosted its stake in Under Armour by 182.3% during the 4th quarter. American Century Companies Inc. now owns 2,250,631 shares of the company's stock valued at $16,790,000 after purchasing an additional 1,453,399 shares in the last quarter. Bank of America Corp DE increased its position in shares of Under Armour by 617.4% during the 4th quarter. Bank of America Corp DE now owns 1,555,160 shares of the company's stock valued at $11,601,000 after purchasing an additional 1,338,376 shares during the period. Finally, Janus Henderson Group PLC raised its stake in shares of Under Armour by 1,477.2% in the 4th quarter. Janus Henderson Group PLC now owns 1,374,220 shares of the company's stock worth $10,245,000 after buying an additional 1,287,088 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.
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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