Zalando (OTCMKTS:ZLNDY - Get Free Report)'s share price fell 0.9% during trading on Wednesday . The company traded as low as $15.79 and last traded at $15.79. 19,101 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 11,661 shares. The stock had previously closed at $15.94.
Analysts Set New Price Targets
Separately, Citigroup reiterated a "buy" rating on shares of Zalando in a research report on Tuesday, May 13th.
Check Out Our Latest Stock Analysis on ZLNDY
Zalando Trading Down 3.9%
The firm has a market capitalization of $8.01 billion, a PE ratio of 27.09 and a beta of 1.57. The company has a current ratio of 1.36, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average price of $17.82 and a two-hundred day moving average price of $17.68.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last released its quarterly 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 business had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.63 billion. Analysts expect that Zalando will post 0.5 EPS for the current fiscal year.
About Zalando
(
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
Before you consider Zalando, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zalando wasn't on the list.
While Zalando currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.