Puma (OTCMKTS:PUMSY) Upgraded at Zacks Research

Puma (OTCMKTS:PUMSY) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Citigroup raised Puma from a “neutral” rating to a “buy” rating in a research report on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Puma has an average rating of “Hold”.

Puma Price Performance

PUMSY opened at $3.04 on Tuesday. Puma has a 1 year low of $1.71 and a 1 year high of $3.46. The stock has a fifty day moving average price of $2.94 and a 200 day moving average price of $2.65.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.