Aritzia (OTCMKTS:ATZAF) Trading 3.4% Higher – Here’s Why

Aritzia Inc. (OTCMKTS:ATZAF) was up 3.4% during trading on Tuesday . The stock traded as high as $90.06 and last traded at $90.06. Approximately 195,335 shares were traded during mid-day trading, an increase of 187% from the average daily volume of 68,175 shares. The stock had previously closed at $87.0622.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ATZAF shares. Raymond James Financial reiterated an “outperform” rating on shares of Aritzia in a research report on Tuesday, October 28th. UBS Group reissued a “buy” rating on shares of Aritzia in a report on Wednesday, December 31st. The Goldman Sachs Group assumed coverage on shares of Aritzia in a research report on Thursday, December 11th. They set a “buy” rating for the company. TD Securities reaffirmed a “buy” rating on shares of Aritzia in a report on Friday, January 9th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a research note on Friday, January 9th. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Aritzia Stock Up 3.4%

The stock’s 50 day simple moving average is $86.01 and its 200 day simple moving average is $72.08.

Aritzia Company Profile

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.