Puma Se (OTCMKTS:PMMAF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $31.16 and traded as high as $31.25. Puma shares last traded at $31.25, with a volume of 1 shares.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. initiated coverage on shares of Puma in a research report on Thursday, July 2nd. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Puma has a consensus rating of “Moderate Buy”.
Check Out Our Latest Analysis on Puma
Puma Trading Up 0.8%
About Puma
Puma AG is a Germany-based multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Since its founding in 1948 by Rudolf Dassler in Herzogenaurach, Germany, the company has grown into one of the world’s leading sports brands. Puma’s product portfolio spans performance-driven footwear for football, running, motorsport and training, as well as lifestyle sneakers, sportswear and accessories. The company operates through wholesale, retail and e-commerce channels, targeting athletes, sports enthusiasts and fashion-conscious consumers.
With a global presence, Puma serves customers in Europe, the Americas, Asia-Pacific and Africa.
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