Aritzia (OTCMKTS:ATZAF) Stock Price Down 1.3% – Here’s What Happened

Aritzia Inc. (OTCMKTS:ATZAF) fell 1.3% on Monday . The company traded as low as $114.00 and last traded at $114.82. 261,913 shares were traded during mid-day trading, an increase of 342% from the average session volume of 59,282 shares. The stock had previously closed at $116.39.

Analyst Ratings Changes

A number of equities analysts have issued reports on ATZAF shares. National Bank Financial initiated coverage on Aritzia in a research report on Wednesday, April 8th. They set an “outperform” rating on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Aritzia in a research report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. Finally, TD Securities reiterated a “buy” rating on shares of Aritzia in a research report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Aritzia Price Performance

The company’s 50-day moving average price is $107.33 and its 200-day moving average price is $93.05.

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.