Puma (OTCMKTS:PMMAF) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Puma Se (OTCMKTS:PMMAFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $24.63 and traded as high as $29.52. Puma shares last traded at $28.7088, with a volume of 349 shares changing hands.

Puma Price Performance

The stock’s 50-day moving average price is $24.63 and its 200-day moving average price is $23.82.

About Puma

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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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