Puma (OTCMKTS:PMMAF) Shares Break Above 200 Day Moving Average – Here’s Why

Puma Se (OTCMKTS:PMMAF – Get Free Report)’s share price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $28.48 and traded as high as $29.7728. Puma shares last traded at $29.7728, with a volume of 1 shares.

Puma Stock Up 6.6%

The company has a fifty day moving average of $27.01 and a 200 day moving average of $28.48.

About Puma

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PUMA SE is a Germany-based sportswear and athletic goods company that designs, develops, markets and distributes footwear, apparel and accessories. Its products serve both performance-focused athletes and consumers seeking sports-inspired lifestyle products.

The company’s offerings span categories including football, running, training, basketball, golf and motorsport, as well as casual sneakers, clothing and accessories. PUMA sells products under its global brand through wholesale partners, retail stores, e-commerce platforms and other distribution channels.

PUMA was founded in 1948 by Rudolf Dassler and is headquartered in Herzogenaurach, Germany.

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