Under Armour Inc (NYSE:UA) share price soared 9.26% or 1.68 points to reach at $19.82 during previous trading session. The stock’s price fluctuated within the range of $19.00 – $20.00 during previous trading session. A total of 15.15M shares exchanged hands, whereas the company’s average trading volume stands at 5.42M shares. Under Armour Inc (NYSE:UA) has a market capitalization of $9.16B and most recently 220.17M outstanding shares have been calculated.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.
Relative strength index (RSI-14) for Under Armour Inc (NYSE:UA) is at 67.73.
According to sentiments of 4 analysts the mean estimates of short term price target for the company’s stock is marked at $23.00. The most optimistic analyst sees the stock reaching $30.00 while the most conventional predicts the target price at $20.00.
The consensus means EPS for the current quarter is at -$0.04 derived from a total of 2 estimates. According to analysts minimum EPS for the current quarter is expected at -$0.04 and can go high up to -$0.04. However a year ago during same quarter Under Armour Inc (NYSE:UA) reported $0.04 EPS.
For the upcoming quarter, initial predictions are anticipating that the company will post earnings of -$0.02 per share according to consensus of 2 analysts.
According to sentiments of 2 analysts the company is expected to report revenues of $1.11B for the current quarter. Bearish revenue estimates established at $1.1B while the bullish revenue forecast has been figured out at $1.11B.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.76 on the shares of Under Armour Inc (NYSE:UA). Out of rating recommendations 6 have given the stock a Buy while 3 recommend the stock as Outperform. 18 have given the stock a Hold rating, 5 as Underperform and 1 as Sell.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Under Armour Inc (NYSE:UA) distance from 20 day simple moving average is 9.23% whereas its distance from 50 day simple moving average is 7.83% along with -33.21% distance from 200 day simple moving average.
An important factor to consider when evaluating a stock’s current and future value is the 52 week price high and low levels. Under Armour Inc (NYSE:UA) shares were trading -57.45% below from the 52-week high mark of $46.58 and 16.25% above from the 52-week bottom of $17.05. The stock hit its 52-week high price on 04/26/16, and 52-week low price on 03/22/17.
When we have a peek on stock’s historical trends we come to know that, the stock has climbed 9.44% in the past one week and soared 7.19% during previous one month drive, the stock went down -22.27% during past quarter. In the last six months the stock’s performance fell -39.74% while yearly performance of the company fell -55.76%. The company’s year to date (YTD) performance is at -21.26%.
Average true range (ATR-14) of the company sets at 0.59, along with its weekly and monthly volatility of 3.12%, 2.76% respectively.