Under Armour, Inc. (NYSE:UAA) was a big mover last session, as the company saw its shares rise around 6% on the day. The move came as investors were persistently buying stocks that had underperformed in the current year. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 14% in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days. But its Zacks Consensus Estimate remained unchanged over the same timeframe. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Under Armour currently carries a Zacks Rank #3 (Hold).
Under Armour, Inc. Price
A better-ranked stock in the Textile-Apparel industry is Gildan Activewear Inc. (TO:GIL) holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is UAA going up? Or down? Predict to see what others think: Up or Down
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Gildan Activewear, Inc. (GIL): Free Stock Analysis Report
Under Armour, Inc. (UAA): Free Stock Analysis Report
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Zacks Investment Research