Shares of Under Armour, Inc. (NYSE:UA - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $5.93 and last traded at $6.02, with a volume of 2209099 shares traded. The stock had previously closed at $6.06.
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 $2.56 billion, a P/E ratio of -20.57 and a beta of 1.60. The stock has a fifty day moving average of $6.68 and a 200-day moving average of $7.61.
Under Armour (NYSE:UA - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period last year, the company posted $0.25 EPS.
Institutional Trading of Under Armour
Hedge funds and other institutional investors have recently modified their holdings of the stock. 111 Capital bought a new position in Under Armour in the fourth quarter valued at approximately $154,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Under Armour by 23.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,224 shares of the company's stock valued at $114,000 after buying an additional 2,930 shares in the last quarter. Integrated Advisors Network LLC bought a new position in shares of Under Armour in the fourth quarter valued at $238,000. Neo Ivy Capital Management acquired a new position in Under Armour during the fourth quarter worth $486,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Under Armour by 17.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 553,660 shares of the company's stock worth $4,130,000 after acquiring an additional 83,824 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Company Profile
(
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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