Shares of Under Armour, Inc. (NYSE:UA - Get Free Report) dropped 15.6% on Thursday . The company traded as low as $5.39 and last traded at $5.32. Approximately 1,948,014 shares traded hands during trading, a decline of 42% from the average daily volume of 3,370,376 shares. The stock had previously closed at $6.30.
Under Armour Stock Down 7.0 %
The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The firm's 50-day moving average price is $6.48 and its two-hundred day moving average price is $7.54. The firm has a market cap of $2.03 billion, a PE ratio of -16.29 and a beta of 1.45.
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, 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 in the prior year, the firm earned $0.25 earnings per share.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Under Armour by 841.6% in the 3rd quarter. FMR LLC now owns 189,275 shares of the company's stock valued at $1,582,000 after acquiring an additional 169,174 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Under Armour by 781.7% during the third quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company's stock worth $1,047,000 after buying an additional 111,027 shares during the last quarter. Quantinno Capital Management LP raised its stake in Under Armour by 45.2% during the 3rd quarter. Quantinno Capital Management LP now owns 104,477 shares of the company's stock valued at $873,000 after acquiring an additional 32,503 shares during the last quarter. XTX Topco Ltd grew its stake in shares of Under Armour by 307.5% in the 3rd quarter. XTX Topco Ltd now owns 108,788 shares of the company's stock valued at $909,000 after purchasing an additional 82,089 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Under Armour in the third quarter valued at approximately $464,000. 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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