Aritzia (OTCMKTS:ATZAF) Stock Price Down 2.6% – Here’s Why

Aritzia Inc. (OTCMKTS:ATZAF)’s share price traded down 2.6% during trading on Monday . The company traded as low as $52.33 and last traded at $53.36. 16,141 shares traded hands during trading, a decline of 66% from the average session volume of 46,846 shares. The stock had previously closed at $54.77.

Analyst Ratings Changes

Several analysts recently weighed in on ATZAF shares. Raymond James Financial reaffirmed an “outperform” rating on shares of Aritzia in a report on Friday. Desjardins restated a “buy” rating on shares of Aritzia in a report on Wednesday, July 9th. CIBC reiterated an “outperform” rating on shares of Aritzia in a research note on Friday. UBS Group restated a “buy” rating on shares of Aritzia in a research note on Wednesday, April 16th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Aritzia in a research report on Friday, May 2nd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Aritzia Stock Performance

The company’s 50 day moving average is $48.99 and its 200 day moving average is $43.40.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.