Large Outflow of Money Witnessed in Under Armour, Inc.

Under Armour, Inc. (UAA) During the most recent session, the shares traded at 0.01 points or 0.02% higher at $21.5. The money flow data is unimpressive with the net money flow value of $(-6.28) million. As per the intraday data, the upticks measured $64.32 million and the downticks measured $70.59 million. As a result, the up/down ratio registered a value of 0.91. The shares have seen -26.21% price change for the week.A block trade also made an entry with $8.65 million flowing in through upticks while $9.65 million flew out through downticks. The block tradeoff had the up/down ratio of 0.9. The net money flow for this big transaction was $(-1) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Under Armour, Inc. has lost 26.83% in the last five trading days and dropped 26.2% in the last 4 weeks. Under Armour, Inc. has dropped 31.06% during the last 3-month period . Year-to-Date the stock performance stands at -26.2%. Under Armour, Inc. (NYSE:UAA) witnessed a decline in the market cap on Wednesday as its shares dropped 0.23% or 0.05 points. After the session commenced at $21.65, the stock reached the higher end at $21.86 while it hit a low of $21.1. With the volume soaring to 17,974,326 shares, the last trade was called at $21.44. The company has a 52-week high of $47.945. The company has a market cap of $9,394 million and there are 438,152,650 shares in outstanding. The 52-week low of the share price is $20.8.

Under Armour is a leading developer, marketer and distributor of branded performance products for men, women and youth. The brands moisture-wicking synthetic fabrications are engineered in many different designs and styles for wear in nearly every climate to provide a performance alternative to traditional natural fiber products. The Company is an official supplier to the National Hockey League, the U.S. Ski Team, USA Rugby, the National Lacrosse League, and Major League Lacrosse; and the Companys products are worn by professional football, baseball, and soccer players, as well as athletes in major collegiate and Olympic sports. The Companys products are currently sold in the United States, Canada, Japan and the United Kingdom.

Under

Share this post

Leave a Reply