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Zalando (ETR:ZAL) Shares Down 3% - Here's What Happened

Zalando logo with Consumer Cyclical background

Zalando SE (ETR:ZAL - Get Free Report)'s stock price fell 3% on Monday . The stock traded as low as €24.96 ($29.02) and last traded at €24.96 ($29.02). 1,056,875 shares traded hands during mid-day trading, The stock had previously closed at €25.72 ($29.91).

Zalando Trading Up 0.4%

The company's fifty day moving average is €27.99 and its two-hundred day moving average is €31.49. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 0.51 and a beta of 1.64. The company has a quick ratio of 0.65, a current ratio of 1.33 and a debt-to-equity ratio of 69.31.

Zalando Company Profile

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Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.

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