The stock of Under Armour Inc (NYSE:UAA) last traded at $6.96, up 4.04% from the previous session.
UAA stock price is now 14.96% away from the 50-day moving average and -10.69% away from the 200-day moving average. The market capitalization of the company currently stands at $2.87B.
With the price target reduced from $10 to $7, Telsey Advisory Group maintained Market Perform rating for Under Armour Inc (NYSE: UAA). , while ‘Needham’ rates the stock as ‘Hold’
In other news, Bergman David, Chief Financial Officer sold 30,000 shares of the company’s stock on Dec 02 ’24. The stock was sold for $272,604 at an average price of $9.09. Upon completion of the transaction, the Chief Financial Officer now directly owns 494,210 shares in the company, valued at $3.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Officer Bergman David bought 30,000 shares of the business’s stock. A total of $272,604 was incurred on buying the stock at an average price of $9.09. A total of 55.78% of the company’s stock is owned by insiders.
During the past 12 months, Under Armour Inc has had a low of $4.78 and a high of $11.89. As of last week, the company has a debt-to-equity ratio of 0.69, a current ratio of 2.10, and a quick ratio of 1.25.
The net profit margin was -3.90% and return on equity was -9.95% for UAA. The company reported revenue of $1.18 billion for the quarter, compared to $1.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.38 percent. For the current quarter, analysts expect UAA to generate $1.13B in revenue.
