Zalando (ETR:ZAL) Trading Down 1.3% - Here's What Happened

Key Points

• Zalando SE shares fell by 1.3%, trading at €24.71 ($28.73) after reaching a low of €24.62 ($28.63) during the day.
• The company's market cap is approximately $6.65 billion with a P/E ratio of 32.59 and a quick ratio of 0.65.
• Zalando operates an online platform specializing in fashion and lifestyle products, offering free delivery and returns, along with multiple payment options.

Zalando SE (ETR:ZAL - ) fell 1.3% on Tuesday . The company traded as low as €24.62 ($28.63) and last traded at €24.71 ($28.73). 586,035 shares were traded during trading, The stock had previously closed at €25.03 ($29.10).

Zalando Price Performance

The business's 50 day moving average is €26.31 and its two-hundred day moving average is €30.51. The firm has a market cap of $6.65 billion, a P/E ratio of 32.59, a P/E/G 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

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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