The price of Under Armour Inc (NYSE:UAA) shares last traded on Wall Street fell -0.11% to $8.72.
UAA stock price is now 4.59% away from the 50-day moving average and 16.08% away from the 200-day moving average. The market capitalization of the company currently stands at $3.77B.
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With the price target enhanced from $7 to $8, Telsey Advisory Group maintained Market Perform rating for Under Armour Inc (NYSE: UAA). On July 23, 2024, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $8 to quote $4, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, Dausch James A, Former Affiliate bought 20,453 shares of the company’s stock on Sep 04 ’24. The stock was bought for $159,607 at an average price of $7.80. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, Former Affiliate Rocker Tchernavia bought 110,357 shares of the business’s stock. A total of $846,616 was incurred on buying the stock at an average price of $7.67. A total of 56.40% of the company’s stock is owned by insiders.
During the past 12 months, Under Armour Inc has had a low of $6.17 and a high of $9.58. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 1.73, and a quick ratio of 1.08. The fifty day moving average price for UAA is $8.337 and a two-hundred day moving average price translates $7.512 for the stock.
The latest earnings results from Under Armour Inc (NYSE: UAA) was released for 2024-06-30. The net profit margin was -1.35% and return on equity was -3.93% for UAA. The company reported revenue of $1.18 billion for the quarter, compared to $1.32 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.12 percent.
