Puma Se (OTCMKTS:PUMSY – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,506 shares, a drop of 58.0% from the September 15th total of 5,962 shares. Based on an average trading volume of 14,175 shares, the days-to-cover ratio is presently 0.2 days.
Puma Price Performance
Shares of PUMSY stock opened at $2.56 on Thursday. The company’s 50-day moving average price is $2.69 and its 200-day moving average price is $2.90. Puma has a twelve month low of $1.71 and a twelve month high of $3.46.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on PUMSY shares. Santander began coverage on shares of Puma in a research report on Friday, June 26th. They set a “neutral” rating for the company. Citigroup reiterated a “buy” rating on shares of Puma in a research report on Monday, October 5th. Finally, Benchmark raised shares of Puma to a “hold” rating in a research note on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Puma Company Profile
PUMA SE is a German sporting goods company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Its product portfolio serves a range of sports and lifestyle categories, including football, running, training, basketball, golf and motorsport, while also encompassing fashion-oriented products that combine athletic design with everyday wear.
The company sells its products under the PUMA brand through a combination of wholesale partners, company-operated and franchised stores, and digital commerce channels.
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