Large Outflow of Money Witnessed in Under Armour, Inc.

Shares of Under Armour, Inc. (UA) advanced to $19.26. The price had gained 0.21% or 0.04 points intraday. The latest trading session witnessed $37.4 million in upticks and $50.95 million in downticks, resulting in net money flow of (-13.55) million. The up/down ratio for the day stood at 0.73. On a weekly scale, the price has seen a change of -24.53%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-9.83) million occurred during the day. $1.39 million in uptick and $11.22 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.12.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 26.82% in the last five trading days and dropped 25.31% in the last 4 weeks. Under Armour, Inc. has dropped 39.55% during the last 3-month period . Year-to-Date the stock performance stands at -25.31%. Under Armour, Inc. (NYSE:UA) witnessed a decline in the market cap on Wednesday as its shares dropped 2.19% or 0.42 points. After the session commenced at $19.5, the stock reached the higher end at $19.56 while it hit a low of $18.76. With the volume soaring to 14,801,052 shares, the last trade was called at $18.8. The company has a 52-week high of $46.202057. The company has a market cap of $8,237 million and there are 438,152,650 shares in outstanding. The 52-week low of the share price is $18.52.

Company has reported several Insider transactions to the SEC, on Aug 29, 2016, Paul Fipps (Chief Information Officer) sold 1,980 shares at 42.16 per share price.On Aug 25, 2016, Karl-heinz Maurath (Chief Revenue Officer) sold 54,632 shares at 43.34 per share price.On Apr 26, 2016, Matthew C Mirchin (President of North America) sold 26,377 shares at 46.43 per share price.

Under Armour Inc Last issued its quarterly earnings results on Oct 25, 2016. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.25. The company had revenue of $1470.00 million for the quarter, compared to analysts expectations of $1454.65 million. The companys revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Under Armour Inc was Reiterated by Stifel on Nov 28, 2016 to Hold, Lowers Price Target to $ 28 from a previous price target of $33 .

Under Armour, Inc. is involved in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. It operates primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific and Latin America. The companys Under Armour Connected Fitness(TM) platform provides digital health and fitness community through UA Record, MapMyFitness, Endomondo and MyFitnessPal applications. Under Armour, Inc. is headquartered in Baltimore, Maryland.


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