Stocks of Under Armour Inc (NYSE:UA) traded higher last session on Wall Street, up 1.32% to $8.43.
UA stock price is now 3.01% away from the 50-day moving average and 15.20% away from the 200-day moving average. The market capitalization of the company currently stands at $3.83B.
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, while ‘Stifel’ rates the stock as ‘Hold’
In other news, Shadman Mehri, Chief Legal Officer sold 17,240 shares of the company’s stock on Nov 15 ’24. The stock was sold for $151,024 at an average price of $8.76. Upon completion of the transaction, the Chief Legal Officer now directly owns 182,538 shares in the company, valued at $1.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Chief Legal Officer Shadman Mehri sold 9,639 shares of the business’s stock. A total of $84,901 was realized by selling the stock at an average price of $8.81. This leaves the insider owning 172,899 shares of the company worth $1.46 million. A total of 71.48% of the company’s stock is owned by insiders.
During the past 12 months, Under Armour Inc has had a low of $6.02 and a high of $10.62. 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 UA is $8.1838 and a two-hundred day moving average price translates $7.2915 for the stock.
The latest earnings results from Under Armour Inc (NYSE: UA) was released for 2024-09-30. The net profit margin was -0.27% and return on equity was -0.70% for UA. 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.
