Under Armour Inc [UAA] Is Currently -8.13 below its 200 Period Moving Avg: What Does This Mean?

Under Armour Inc [NYSE: UAA] loss -8.13% or -0.78 points to close at $8.81 with a heavy trading volume of 16978946 shares.

The daily chart for UAA points out that the company has recorded 31.89% gains over the past six months.

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If we look at the average trading volume of 11.65M shares, UAA reached to a volume of 16978946 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Under Armour Inc [UAA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UAA shares is $10.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UAA stock is a recommendation set at 2.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for Under Armour Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 22, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $8 to $10. The new note on the price target was released on November 08, 2024, representing the official price target for Under Armour Inc stock. Previously, the target price had yet another raise from $7 to $8, while Telsey Advisory Group kept a Market Perform rating on UAA stock. On July 23, 2024, analysts decreased their price target for UAA shares from 8 to 4.

The Average True Range (ATR) for Under Armour Inc is set at 0.48, with the Price to Sales ratio for UAA stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 1.45.

Trading performance analysis for UAA stock

Under Armour Inc [UAA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.94. With this latest performance, UAA shares dropped by -10.10% in over the last four-week period, additionally plugging by 31.89% over the last 6 months – not to mention a rise of 2.20% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UAA stock in for the last two-week period is set at 37.82, with the RSI for the last a single of trading hit 29.18, and the three-weeks RSI is set at 43.09 for Under Armour Inc [UAA]. The present Moving Average for the last 50 days of trading for this stock 9.32, while it was recorded at 9.79 for the last single week of trading, and 7.77 for the last 200 days.

Under Armour Inc [UAA]: A deeper dive into fundamental analysis

Under Armour Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.24 and a Current Ratio set at 2.18.

Under Armour Inc [UAA]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UAA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Under Armour Inc go to 1.00%.

An analysis of Institutional ownership at Under Armour Inc [UAA]

There are presently around $107.32%, or 107.51%% of UAA stock, in the hands of institutional investors. The top three institutional holders of UAA stocks are: VANGUARD GROUP INC with ownership of 17.96 million shares, which is approximately 4.0502%. BLACKROCK INC., holding 16.35 million shares of the stock with an approximate value of $$109.04 million in UAA stocks shares; and BLACKROCK INC., currently with $$62.38 million in UAA stock with ownership which is approximately 2.1085%.