Puma (OTCMKTS:PMMAF) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Puma Se (OTCMKTS:PMMAFGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $31.55 and traded as low as $24.08. Puma shares last traded at $24.08, with a volume of 300 shares traded.

Puma Trading Down 4.3%

The business’s 50-day moving average price is $25.37 and its two-hundred day moving average price is $31.55.

Puma Announces Dividend

The company also recently declared a dividend, which was paid on Monday, May 26th. Stockholders of record on Friday, May 23rd were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a dividend yield of 2.62%. Puma’s dividend payout ratio is -12.02%.

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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