Puma (OTCMKTS:PUMSY) Shares Up 8.7% – What’s Next?

Puma Se (OTCMKTS:PUMSY – Get Free Report)’s share price shot up 8.7% during trading on Monday. The company traded as high as $2.99 and last traded at $2.99. Approximately 1,162 shares were traded during trading, a decline of 97% from the average session volume of 33,770 shares. The stock had previously closed at $2.75.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PUMSY shares. Benchmark raised Puma to a “hold” rating in a research report on Tuesday, September 22nd. Citigroup reissued a “buy” rating on shares of Puma in a research report on Monday, October 5th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Puma has a consensus rating of “Hold”.

Read Our Latest Analysis on Puma

Puma Price Performance

The business’s 50 day simple moving average is $2.64 and its 200 day simple moving average is $2.81.

Puma Company Profile

(Get Free Report)

PUMA SE is a Germany-based sporting goods company that designs, develops, sources, markets and distributes athletic and lifestyle products. Its portfolio includes performance and casual footwear, apparel and accessories for sports such as football, running, basketball, training, golf and motorsport, as well as products aimed at everyday fashion and streetwear consumers.

The company sells its products under the PUMA brand through a combination of wholesale partners, company-operated and franchised stores, and e-commerce channels.

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