Puma (ETR:PUM) Stock Price Down 5.4% – Here’s Why

Shares of Puma Se (ETR:PUMGet Free Report) were down 5.4% on Wednesday . The stock traded as low as €28.27 ($30.73) and last traded at €28.41 ($30.88). Approximately 1,631,130 shares traded hands during mid-day trading, an increase of 8,839% from the average daily volume of 18,248 shares. The stock had previously closed at €30.02 ($32.63).

Puma Stock Performance

The company has a market capitalization of $4.23 billion, a P/E ratio of 16.47, a PEG ratio of 0.95 and a beta of 1.08. The company has a quick ratio of 0.55, a current ratio of 1.45 and a debt-to-equity ratio of 84.76. The company’s 50-day moving average is €33.77 and its two-hundred day moving average is €38.78.

About Puma

(Get Free Report)

PUMA SE, together with its subsidiaries, engages in the development and sale of athletic footwear, apparel, and accessories in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company provides sports lifestyle products for football, handball, rugby, cricket, volleyball, track and field, motorsports, golf, and basketball.

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