Aritzia (ATZ) Stock Price Down 5.6%

Aritzia Inc (TSE:ATZ) traded down 5.6% on Thursday . The stock traded as low as C$12.78 and last traded at C$12.80. 136,991 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 250,603 shares. The stock had previously closed at C$13.56.

Separately, TD Securities set a C$21.00 target price on Aritzia and gave the stock a “buy” rating in a report on Thursday, January 11th. Six investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of C$21.33.

The stock has a market cap of $1,410.00 and a PE ratio of 27.13.

Aritzia (TSE:ATZ) last released its quarterly earnings results on Wednesday, January 10th. The company reported C$0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.23 by C$0.01. Aritzia had a return on equity of 46.23% and a net margin of 13.73%.

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About Aritzia

Aritzia Inc operates as a design house and fashion retailer of women's apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.

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