Aritzia (TSE:ATZ) Stock Passes Below 50 Day Moving Average of $44.66

Aritzia Inc. (TSE:ATZ – Get Rating) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$44.66 and traded as low as C$38.63. Aritzia shares last traded at C$41.04, with a volume of 295,494 shares traded.

Analyst Ratings Changes

Separately, Stifel Nicolaus raised their price target on shares of Aritzia from C$59.00 to C$62.00 in a report on Friday, December 9th.

Aritzia Price Performance

The stock has a fifty day moving average of C$44.66 and a 200-day moving average of C$47.32. The company has a quick ratio of 0.19, a current ratio of 1.37 and a debt-to-equity ratio of 94.44. The firm has a market capitalization of C$3.69 billion, a P/E ratio of 26.31, a PEG ratio of 1.19 and a beta of 1.59.

Aritzia (TSE:ATZ – Get Rating) last announced its quarterly earnings data on Wednesday, January 11th. The company reported C$0.57 earnings per share for the quarter, hitting the consensus estimate of C$0.57. The firm had revenue of C$624.62 million during the quarter, compared to analysts’ expectations of C$579.10 million. Aritzia had a return on equity of 32.46% and a net margin of 9.21%. Equities analysts predict that Aritzia Inc. will post 2.1543307 EPS for the current fiscal year.

Insider Activity

In related news, Senior Officer Philippa (Pippa) Morgan sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 26th. The stock was sold at an average price of C$47.68, for a total value of C$476,829.00. 0.27% of the stock is currently owned by company insiders.

Aritzia Company Profile

(Get Rating)

Aritzia Inc, together with its subsidiaries, designs and sells apparels and accessories for women in North America. It offers t-shirts and tops, bodysuits, shirts and blouses, sweaters, jumpsuits and rompers, shirt jackets, skirts, bodysuits, activeware, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, jackets, blazers, jackets and coats, and shoes, as well as accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases.