Aritzia (OTCMKTS:ATZAF) Trading 11.1% Higher – Here’s What Happened

Aritzia Inc. (OTCMKTS:ATZAFGet Free Report)’s stock price was up 11.1% during mid-day trading on Wednesday . The company traded as high as $91.71 and last traded at $90.30. Approximately 182,325 shares changed hands during mid-day trading, an increase of 173% from the average daily volume of 66,866 shares. The stock had previously closed at $81.27.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ATZAF shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Aritzia in a research note on Friday, January 9th. TD Securities reaffirmed a “buy” rating on shares of Aritzia in a research note on Friday, January 9th. Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a research note on Friday, January 9th. The Goldman Sachs Group began coverage on Aritzia in a research note on Thursday, December 11th. They set a “buy” rating on the stock. Finally, UBS Group reissued a “buy” rating on shares of Aritzia in a research note on Wednesday, December 31st. Eight research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Check Out Our Latest Report on Aritzia

Aritzia Stock Performance

The stock has a 50 day simple moving average of $84.45 and a two-hundred day simple moving average of $78.71.

Aritzia Company Profile

(Get Free Report)

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.

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