Under Armour Rises On Unusually High Volume (UA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Under Armour (NYSE: UA) is trading at unusually high volume Friday with 3.3 million shares changing hands. It is currently at two times its average daily volume and trading up $2.53 (+5.5%) at $48.39 as of 3:26 p.m. ET.

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Under Armour has a market cap of $3.97 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 1.7% year to date as of the close of trading on Thursday.

Under Armour, Inc. engages in the design, development, marketing, and distribution of apparel, footwear, and accessories for men, women, and youth worldwide. The company has a P/E ratio of 45.4, above the S&P 500 P/E ratio of 17.7.

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, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Under Armour Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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