Puma (ETR:PUM) Shares Down 2.8% - Here's What Happened

Key Points

• Puma shares fell 2.8% on Thursday to €21.51 (intraday low €21.39) from a prior close of €22.12, while volume surged to ~781,374 shares — roughly a 4,182% increase versus the average daily volume of 18,248.
• Valuation and leverage: the company has a market capitalization of $3.21 billion with a P/E of 12.47 and PEG of 0.95, but carries high leverage (debt-to-equity 146.65) and a low quick ratio of 0.55.
• The stock is trading below its 50‑day moving average (€22.53) but slightly above its 200‑day moving average (€21.05), suggesting short-term weakness amid longer-term relative stability.

Puma Se (ETR:PUM - )'s stock price dropped 2.8% during trading on Thursday . The stock traded as low as €21.39 and last traded at €21.51. Approximately 781,374 shares were traded during mid-day trading, an increase of 4,182% from the average daily volume of 18,248 shares. The stock had previously closed at €22.12.

Puma Stock Down 2.8%

The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 0.95 and a beta of 0.96. The company has a current ratio of 1.18, a quick ratio of 0.55 and a debt-to-equity ratio of 146.65. The firm's fifty day simple moving average is €22.53 and its two-hundred day simple moving average is €21.05.

About Puma

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. It issues licenses to independent partners to design, develop, manufacture, and sell watches, glasses, safety shoes, workwear, and gaming accessories. The company sells its products under the PUMA and Cobra Golf brands through retail stores, factory outlets, and online stores.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.