Under Armour, Inc. (UAA - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $19.61 to $21.44 in the past one-month time frame.
The move came after the company reported better-than-expected fourth-quarter 2018 results.
The company has seen a mixed track record when it comes to estimate revisions of two increases and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Under Armour currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Under Armour, Inc. Price
Investors interested in the Textile - Apparel industry may consider Columbia Sportswear Company (COLM - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is UAA going up? Or down? Predict to see what others think: Up or Down
3 Medical Stocks to Buy Now
The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.
See them today for free >>