In yesterday’s Wall Street session, Under Armour Inc (NYSE:UAA) shares traded at $9.94, up 0.91% from the previous session.
UAA stock price is now 14.88% away from the 50-day moving average and 30.39% away from the 200-day moving average. The market capitalization of the company currently stands at $4.13B.
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With the price target enhanced from $8 to $10, Telsey Advisory Group maintained Market Perform rating for Under Armour Inc (NYSE: UAA). On August 09, 2024, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $7 to quote $8, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, Shadman Mehri, Officer bought 17,240 shares of the company’s stock on Nov 15 ’24. The stock was bought for $151,025 at an average price of $8.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 04 ’24, Former Affiliate Dausch James A bought 20,453 shares of the business’s stock. A total of $159,607 was incurred on buying the stock at an average price of $7.80. A total of 56.42% 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 $11.89. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 2.18, and a quick ratio of 1.24. The fifty day moving average price for UAA is $8.6528 and a two-hundred day moving average price translates $7.6235 for the stock.
The latest earnings results from Under Armour Inc (NYSE: UAA) was released for 2024-09-30. The net profit margin was -0.27% and return on equity was -0.70% for UAA. The company reported revenue of $1.4 billion for the quarter, compared to $1.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.7 percent.
