Puma Se (OTCMKTS:PUMSY – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 36 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 22,964 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th. Zacks Research raised Puma to a “hold” rating in a research note on Tuesday, June 9th. Santander began coverage on Puma in a report on Friday, June 26th. They issued a “neutral” rating for the company. Finally, HSBC raised Puma to a “buy” rating in a research note on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
View Our Latest Analysis on Puma
Puma Stock Up 2.8%
Puma Company Profile
Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.
Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.
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