Under Armour (UAA) Catches Eye: Stock Jumps 6.2%

Under Armour, Inc. UAA was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $16.99 –$21.14 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen 11 negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Under Armour currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Under Armour, Inc. Price

Under Armour, Inc. Price

Investors interested in the Textile – Apparel industry may consider Crocs, Inc. CROX, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Click to get this free report Under Armour, Inc. (UAA) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research