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Do Traders Think Under Armour Inc Class C (UA) Can Keep Climbing Monday?

Monday, June 07, 2021 01:23 PM | InvestorsObserver Analysts
Do Traders Think Under Armour Inc Class C (UA) Can Keep Climbing Monday?

Under Armour Inc Class C (UA) stock is higher by 1.26% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,neutral
Under Armour Inc Class C has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on UA!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With UA Stock Today?

Under Armour Inc Class C (UA) stock is up 1.47% while the S&P 500 is down -0.29% as of 1:15 PM on Monday, Jun 7. UA has gained $0.28 from the previous closing price of $19.02 on volume of 2,473,968 shares. Over the past year the S&P 500 is higher by 30.48% while UA has gained 88.85%. UA earned $0.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 75.02.

To see the top 5 stocks in the Apparel Manufacturing industry click here.

More About Under Armour Inc Class C

Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America and other territories. Consumers of its apparel include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale and direct-to-consumer channels, including e-commerce and more than 400 total factory house and brand house stores. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.

Click Here to get the full Stock Score Report on Under Armour Inc Class C (UA) Stock.

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