Aritzia (OTCMKTS:ATZAF) Stock Price Down 0.9% – Should You Sell?

Aritzia Inc. (OTCMKTS:ATZAF)’s stock price traded down 0.9% during trading on Friday . The stock traded as low as $87.18 and last traded at $87.29. 19,140 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 73,749 shares. The stock had previously closed at $88.12.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. UBS Group reissued a “buy” rating on shares of Aritzia in a research note on Wednesday, December 31st. CIBC reissued an “outperform” rating on shares of Aritzia in a research report on Friday, January 9th. TD Securities reaffirmed a “buy” rating on shares of Aritzia in a report on Friday, January 9th. The Goldman Sachs Group initiated coverage on shares of Aritzia in a research note on Thursday, December 11th. They issued a “buy” rating for the company. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Aritzia in a research report on Friday, December 19th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Aritzia currently has an average rating of “Buy”.

Aritzia Stock Down 0.9%

The stock has a fifty day moving average of $83.88 and a 200-day moving average of $68.41.

About Aritzia

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.