Under Armour, Inc. (NYSE:UA - Get Free Report) shot up 6.7% during trading on Tuesday . The stock traded as high as $5.48 and last traded at $5.51. 560,757 shares changed hands during trading, a decline of 84% from the average session volume of 3,507,197 shares. The stock had previously closed at $5.17.
Under Armour Stock Performance
The company has a market capitalization of $2.35 billion, a PE ratio of -18.84 and a beta of 1.45. The stock's 50-day simple moving average is $6.03 and its 200 day simple moving average is $7.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01.
Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the previous year, the company posted $0.25 earnings per share.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Barclays PLC increased its position in shares of Under Armour by 2.4% during the third quarter. Barclays PLC now owns 304,273 shares of the company's stock worth $2,544,000 after purchasing an additional 7,108 shares in the last quarter. Oak Thistle LLC acquired a new position in Under Armour during the fourth quarter worth approximately $248,000. Assenagon Asset Management S.A. purchased a new stake in Under Armour in the fourth quarter valued at approximately $2,983,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Under Armour in the fourth quarter valued at approximately $45,000. Finally, SG Americas Securities LLC grew its position in shares of Under Armour by 159.8% during the fourth quarter. SG Americas Securities LLC now owns 36,490 shares of the company's stock worth $272,000 after acquiring an additional 22,442 shares during the last quarter. 36.35% of the stock is owned by hedge funds and other institutional investors.
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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