Zalando (OTCMKTS:ZLNDY) Shares Down 0.9% - What's Next?

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.

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

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.