Investment analysts at JPMorgan Chase & Co. started coverage on shares of Puma (OTCMKTS:PMMAF – Get Free Report) in a research note issued on Thursday. The brokerage set a “neutral” rating on the stock.
Puma Price Performance
Shares of OTCMKTS:PMMAF remained flat at $30.64 during midday trading on Thursday. The firm’s 50-day moving average is $31.05 and its 200-day moving average is $27.95. Puma has a 1 year low of $17.41 and a 1 year high of $35.00.
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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