Zalando (OTCMKTS:ZLNDY - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.02 earnings per share for the quarter, Zacks reports. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.63 billion. Zalando had a net margin of 1.97% and a return on equity of 8.34%.
Zalando Stock Up 1.5 %
Zalando stock traded up $0.26 during trading hours on Friday, reaching $17.82. The stock had a trading volume of 20,335 shares, compared to its average volume of 13,136. Zalando has a 52 week low of $11.35 and a 52 week high of $20.64. The business's 50 day moving average price is $17.89 and its 200-day moving average price is $17.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 42.43 and a beta of 1.71.
Analyst Upgrades and Downgrades
Separately, UBS Group raised shares of Zalando from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 16th.
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About Zalando
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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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