Puma (ETR:PUM) Trading Down 4.8% - Time to Sell?

Key Points

• Puma's stock fell by 4.8% during trading, closing at €21.64 ($25.16), with trading volume significantly increasing by 2,752% from the average daily volume.
• The company has a market cap of $3.17 billion and a price-to-earnings ratio of 12.32.
• Puma SE specializes in the development and sale of athletic footwear, apparel, and accessories across multiple sports and regions globally.

Puma Se (ETR:PUM - )'s stock price was down 4.8% during trading on Monday . The stock traded as low as €21.64 ($25.16) and last traded at €21.64 ($25.16). Approximately 520,479 shares were traded during mid-day trading, an increase of 2,752% from the average daily volume of 18,248 shares. The stock had previously closed at €22.73 ($26.43).

Puma Stock Performance

The company has a 50 day moving average of €19.96 and a 200 day moving average of €21.31. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 0.95 and a beta of 1.08. The company has a quick ratio of 0.55, a current ratio of 1.45 and a debt-to-equity ratio of 84.76.

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.

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