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Zalando (OTCMKTS:ZLNDY) Shares Gap Down - Time to Sell?

Zalando logo with Retail/Wholesale background

Zalando (OTCMKTS:ZLNDY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $17.15, but opened at $16.54. Zalando shares last traded at $16.54, with a volume of 535 shares traded.

Analyst Ratings Changes

Separately, Citigroup reiterated a "buy" rating on shares of Zalando in a report on Tuesday, May 13th.

View Our Latest Stock Report on ZLNDY

Zalando Trading Down 1.1%

The company has a market cap of $8.72 billion, a P/E ratio of 29.50 and a beta of 1.53. The business has a fifty day moving average price of $17.14 and a 200-day moving average price of $17.55. The company has a quick ratio of 0.89, a current ratio of 1.36 and a debt-to-equity ratio of 0.18.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.02 earnings per share (EPS) 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 analysts' expectations of $2.63 billion. On average, analysts forecast that Zalando will post 0.5 earnings per share for the current year.

Zalando Company Profile

(Get Free Report)

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.

Further Reading

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