Under Armour Inc (NYSE:UAA) shares, rose in value on Friday, April 26, with the stock price up by 2.25% to the previous day’s close as strong demand from buyers drove the stock to $6.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.69. The PE ratio was 7.68 over 12-month period. Referring to stock’s 52-week performance, its high was $9.50, and the low was $6.29. On the whole, UAA has fluctuated by -5.78% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.71B, with a low estimate of 1.31B and a high estimate of 1.36B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.33B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UAA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.90, with the price of UAA currently trading nearly 0.44% and -9.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.28, while the 7-day volatility ratio is showing 2.42% which for the 30-day chart, stands at 2.54%. Furthermore, Under Armour Inc (UAA)’s beta value is 1.64, and its average true range (ATR) is 0.20.
A comparison of Under Armour Inc (UAA) with its peers suggests the former has fared considerably weaker in the market. UAA showed an intraday change of 2.25% in today’s session so far, and over the past year, it shrunk by -21.46%%.
Data on historical trading for Under Armour Inc (NYSE:UAA) indicates that the trading volumes over the past 3 months, they’ve averaged 6.99 million. According to company’s latest data on outstanding shares, there are 188.70 million shares outstanding.
Nearly 56.72% of Under Armour Inc’s shares belong to company insiders and institutional investors own 34.21% of the company’s shares. The stock has fallen by -22.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UAA stock heading into the next quarter.
