Zalando SE (OTCMKTS:ZLNDY - Get Free Report) shares shot up 7.2% during trading on Tuesday . The company traded as high as $18.45 and last traded at $18.45. 11,966 shares changed hands during trading, a decline of 8% from the average session volume of 12,970 shares. The stock had previously closed at $17.21.
Analysts Set New Price Targets
Separately, Citigroup restated a "buy" rating on shares of Zalando in a research note on Tuesday, May 13th.
Read Our Latest Research Report on ZLNDY
Zalando Price Performance
The business's 50-day simple moving average is $17.97 and its 200 day simple moving average is $17.52. The company has a market capitalization of $9.41 billion, a P/E ratio of 42.42 and a beta of 1.71. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.02 EPS for the quarter. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.63 billion. Zalando had a net margin of 1.97% and a return on equity of 8.34%. As a group, sell-side analysts anticipate that Zalando SE will post 0.5 EPS for the current 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.
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