Aritzia (OTCMKTS:ATZAF) Trading 3.7% Higher – Here’s Why

Shares of Aritzia Inc. (OTCMKTS:ATZAF) traded up 3.7% on Thursday . The stock traded as high as $112.9699 and last traded at $112.7925. 14,050 shares were traded during trading, a decline of 77% from the average session volume of 59,999 shares. The stock had previously closed at $108.75.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. TD Securities restated a “buy” rating on shares of Aritzia in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. National Bank Financial assumed coverage on Aritzia in a research note on Wednesday, April 8th. They set an “outperform” rating for the company. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Aritzia currently has a consensus rating of “Buy”.

Aritzia Stock Down 0.3%

The company has a fifty day moving average price of $96.36 and a two-hundred day moving average price of $88.17.

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.