NEW YORK (

TheStreet

) --

Under Armour

(NYSE:

UA

) hit a new 52-week high Tuesday as it is currently trading at $88.05, above its previous 52-week high of $87.77 with 119,600 shares traded as of 10 a.m. ET. Average volume has been one million shares over the past 30 days.

Under Armour has a market cap of $3.08 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 21.4% year to date as of the close of trading on Monday.

Under Armour, Inc. develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth worldwide. It offers products made from moisture-wicking synthetic fabrics designed to regulate body temperature. The company has a P/E ratio of 46.4, above the average consumer non-durables industry P/E ratio of 45.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Under Armour as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Under Armour Ratings Report

.

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