Is This Stock a Screaming Buy: Under Armour, Inc. (NYSE:UA)

Equity Research firms currently have a positive stance on shares of Under Armour, Inc. (NYSE:UA). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $53.62 on a short term basis.

At the time of writing, the stock was trading at $37.84. This represents a change from the opening price of -0.58%. In terms of performance, year to date, the stock is -6.17%. The monthly stock performance comes in at -5.26%. For the quarter, shares are performing at -6.46%. Weekly performance analysis shows the equity at -2.02%.

In taking a look at technical levels, shares are trading -5.19% away from the 50 day simple moving average and -5.23% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -27.74% away from it’s 52- week high and 19.69% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Under Armour, Inc.’s RSI stands at 41.40. In looking at volatility levels, the shares saw weekly volatility of 1.73% and 2.27% over the past month.

Leave a Comment