Puma (OTCMKTS:PMMAF) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Puma Se (OTCMKTS:PMMAFGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.55 and traded as low as $19.6450. Puma shares last traded at $19.6450, with a volume of 440 shares traded.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein began coverage on shares of Puma in a report on Thursday, September 11th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Puma presently has a consensus rating of “Buy”.

View Our Latest Analysis on PMMAF

Puma Stock Performance

The stock has a 50 day simple moving average of $23.93 and a 200-day simple moving average of $24.55.

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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