Investors Are Waking Up To Under Armour Inc (NYSE: UAA) After Rising 35.71% Over The Past 12 Months

Under Armour Inc (NYSE:UAA) currently has a daily average trading volume of 13.95M but it saw 12020871 shares traded in last market. With a market cap of 4.11B USD, the company’s current market price of $9.50 came rising about 1.17 while comparing to the previous closing price of $9.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.50 and as low as $6.17. In the recent trading on the day, stock has struck highest price mark of $9.39 while lowest mark touched by it was $9.58.

Taking a look at 20-day trading activity of Under Armour Inc (UAA) gives us an average price of $8.58, while its current price level is 0.00% below from 52-week high level whereas it is 53.97% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.14 while that of 200 days or SMA-200 reads an average of $7.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.17% during that period while stretching the period over a month that decreases to 3.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.85 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Market Perform” in its note to investors issued on August 09, 2024, recommending a price target of between $7 and $8 for it. Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on July 23, 2024 while assigning a price target range of $8-$4.

Over the week, UAA’s stock price is moving 12.96% up while it is 21.95% when we observe its performance for the past one month. Year-to-date it is 8.08% up and over the past year, the stock is showing an upside performance of 35.71%.

Currently, Under Armour Inc’s total number of outstanding shares is 188.80M. Company’s return on investment (ROI) stands at -2.48% and return on equity (ROE) at -3.93%. It has a 26.82 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 2.26 while price to sale or P/S ratio amounts to 0.74. Its return on asset (ROA) is -1.54% on average.