In the past week, UA stock has gone down by -6.61%, with a monthly decline of -18.66% and a quarterly plunge of -17.42%. The volatility ratio for the week is 4.96%, and the volatility levels for the last 30 days are 3.88% for Under Armour Inc. The simple moving average for the last 20 days is -10.29% for UA stock, with a simple moving average of -8.05% for the last 200 days.
Is It Worth Investing in Under Armour Inc. (NYSE: UA) Right Now?
The price-to-earnings ratio for Under Armour Inc. (NYSE: UA) is 16.59x, which is above its average ratio. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 2 as “overweight,” 14 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Under Armour Inc. (UA) is $12.42, The public float for UA is 182.69M and currently, short sellers hold a 5.06% of that float. On March 17, 2023, UA’s average trading volume was 2.82M shares.
UA) stock’s latest price update
Under Armour Inc. (NYSE: UA)’s stock price has increased by 6.42 compared to its previous closing price of 7.17. Nevertheless, the company has seen a loss of -6.61% in its stock price over the last five trading days. The Wall Street Journal reported on 08/03/22 that Under Armour Lowers Profit Targets for Year
Analysts’ Opinion of UA
In the past week, UA stock has gone down by -6.61%, with a monthly decline of -18.66% and a quarterly plunge of -17.42%. The volatility ratio for the week is 4.96%, and the volatility levels for the last 30 days are 3.88% for Under Armour Inc. The simple moving average for the last 20 days is -10.29% for UA stock, with a simple moving average of -8.05% for the last 200 days.
Analysts’ Opinion of UA
Stifel gave a rating of “Hold” to UA, setting the target price at $28 in the report published on November 28th of the previous year.
UA Trading at -19.54% from the 50-Day Moving Average
After a stumble in the market that brought UA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.81% of loss for the given period.
Volatility was left at 3.88%, however, over the last 30 days, the volatility rate increased by 4.96%, as shares sank -20.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.17% lower at present.
During the last 5 trading sessions, UA fell by -6.61%, which changed the moving average for the period of 200-days by -18.66% in comparison to the 20-day moving average, which settled at $8.41. In addition, Under Armour Inc. saw -14.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UA starting from Rocker Tchernavia, who sale 69,823 shares at the price of $9.32 back on Feb 10. After this action, Rocker Tchernavia now owns 260,291 shares of Under Armour Inc., valued at $650,689 using the latest closing price.
Gibbs David W, the Director of Under Armour Inc., purchase 25,000 shares at $9.60 during a trade that took place back on May 31, which means that Gibbs David W is holding 50,000 shares at $240,085 based on the most recent closing price.
Stock Fundamentals for UA
Current profitability levels for the company are sitting at:
- +9.62 for the present operating margin
- +50.58 for the gross margin
The net margin for Under Armour Inc. stands at +6.33.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
To wrap up, the performance of Under Armour Inc. (UA) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
