Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$493,200.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Todd Jeremy Ingledew sold 7,200 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$68.50, for a total value of C$493,200.00.

Aritzia Stock Performance

Shares of Aritzia stock traded up C$0.64 during trading on Monday, hitting C$68.50. 244,960 shares of the stock were exchanged, compared to its average volume of 832,391. The stock has a market cap of C$6.29 billion, a PE ratio of 100.74, a P/E/G ratio of 1.19 and a beta of 1.83. The stock’s fifty day moving average is C$51.98 and its 200 day moving average is C$47.64. Aritzia Inc. has a 12 month low of C$31.82 and a 12 month high of C$69.00. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Royal Bank of Canada lifted their target price on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. TD Securities boosted their price target on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a research report on Sunday, January 12th. Stifel Nicolaus boosted their target price on Aritzia from C$66.00 to C$70.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Raymond James boosted their target price on Aritzia from C$58.00 to C$65.00 and gave the company a “market perform” rating in a research report on Monday, January 13th. Finally, Canaccord Genuity Group raised their price target on Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a research note on Sunday, January 12th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Aritzia presently has a consensus rating of “Moderate Buy” and a consensus target price of C$66.56.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.