Puma (ETR:PUM) Trading Down 2% – Here’s Why

Puma Se (ETR:PUM)’s share price fell 2% during trading on Thursday . The stock traded as low as €41.80 ($45.43) and last traded at €41.93 ($45.58). 602,600 shares changed hands during mid-day trading, an increase of 3,202% from the average session volume of 18,248 shares. The stock had previously closed at €42.77 ($46.49).

Puma Price Performance

The firm has a 50-day moving average of €38.38 and a 200-day moving average of €42.23. The stock has a market cap of $6.43 billion, a PE ratio of 24.76, a PEG ratio of 0.95 and a beta of 1.08. The company has a debt-to-equity ratio of 76.11, a current ratio of 1.46 and a quick ratio of 0.55.

Puma Company Profile

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.