Zalando (OTCMKTS:ZLNDY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Zalando saw trading volume jump to 106,149 shares, an 80% increase from the prior session, with the stock last trading at $12.39—below its 50-day ($13.02) and 200-day ($13.97) moving averages.
• Analyst sentiment has improved recently—Barclays upgraded to overweight, Citigroup reiterated a buy, and Sanford C. Bernstein moved from strong sell to hold—but the consensus remains a Hold (3 Buys, 2 Holds, 1 Sell).
• Zalando missed quarterly expectations, reporting $0.21 EPS vs. $0.37 expected and revenue of $4.74B vs. $4.77B, with modest profitability (net margin 1.76%, ROE 7.9%) and a P/E of 25.69.

Zalando (OTCMKTS:ZLNDY - Get Free Report) saw an uptick in trading volume on Tuesday . 106,149 shares changed hands during mid-day trading, an increase of 80% from the previous session's volume of 58,942 shares.The stock last traded at $12.3935 and had previously closed at $12.37.

Analyst Ratings Changes

ZLNDY has been the topic of several recent research reports. Barclays upgraded shares of Zalando from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, January 13th. Citigroup reiterated a "buy" rating on shares of Zalando in a research report on Thursday, December 11th. Finally, Sanford C. Bernstein raised Zalando from a "strong sell" rating to a "hold" rating in a research note on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold".

Zalando Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 0.59. The business has a 50-day moving average of $13.02 and a 200-day moving average of $13.97. The company has a market capitalization of $6.51 billion, a P/E ratio of 25.69 and a beta of 1.65.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.16). The firm had revenue of $4.74 billion during the quarter, compared to analysts' expectations of $4.77 billion. Zalando had a net margin of 1.76% and a return on equity of 7.90%. On average, sell-side analysts anticipate that Zalando will post 0.5 EPS for the current year.

Zalando Company Profile

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.

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