Puma Se (OTCMKTS:PMMAF – Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $31.48 and traded as high as $33.00. Puma shares last traded at $33.00, with a volume of 400 shares traded.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. began coverage on shares of Puma in a research note on Thursday, July 2nd. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Puma presently has an average rating of “Moderate Buy”.
Read Our Latest Report on PMMAF
Puma Trading Up 2.0%
Puma Company Profile
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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