Puma (OTCMKTS:PUMSY) Upgraded at Zacks Research

Puma (OTCMKTS:PUMSY) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note 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 analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Puma Stock Down 0.7%

Shares of OTCMKTS:PUMSY opened at $3.04 on Tuesday. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46. The business has a 50-day moving average of $2.94 and a two-hundred day moving average 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.