Shares of Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $15.45, but opened at $13.31. Zalando shares last traded at $13.44, with a volume of 388 shares traded.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Morgan Stanley reiterated an "underweight" rating on shares of Zalando in a research note on Monday, July 14th. Citigroup restated a "buy" rating on shares of Zalando in a report on Tuesday, May 13th.
Get Our Latest Stock Report on ZLNDY
Zalando Price Performance
The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 23.94 and a beta of 1.54. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.36. The company has a 50-day simple moving average of $16.29 and a two-hundred day simple moving average of $17.47.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter. Zalando had a net margin of 2.51% and a return on equity of 10.45%. As a group, equities research analysts forecast that Zalando will post 0.5 EPS for the current year.
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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