Zalando (OTCMKTS:ZLNDY) Shares Gap Down - Here's What Happened

Shares of Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $16.69, but opened at $15.88. Zalando shares last traded at $15.80, with a volume of 546 shares traded.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup reaffirmed a "buy" rating on shares of Zalando in a research report on Tuesday, May 13th. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a research report on Monday.

Zalando Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.36 and a quick ratio of 0.89. The stock's 50-day simple moving average is $16.83 and its 200 day simple moving average is $17.51. The stock has a market capitalization of $8.48 billion, a P/E ratio of 28.67 and a beta of 1.53.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter. Zalando had a return on equity of 10.45% and a net margin of 2.51%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.63 billion. Research analysts expect that Zalando will post 0.5 EPS for the current fiscal year.

About Zalando

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.