Zalando SE (OTCMKTS:ZLNDY - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as $17.10 and last traded at $16.58, with a volume of 32868 shares. The stock had previously closed at $16.16.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded Zalando to a "strong-buy" rating in a research note on Thursday, October 3rd.
Read Our Latest Stock Analysis on Zalando
Zalando Price Performance
The business's 50-day simple moving average is $13.71 and its two-hundred day simple moving average is $13.30. The stock has a market cap of $8.75 billion, a price-to-earnings ratio of 70.26 and a beta of 1.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.48 and a quick ratio of 1.08.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The company reported $0.20 earnings per share (EPS) for the quarter. Zalando had a return on equity of 6.32% and a net margin of 1.48%. The company had revenue of $2.85 billion during the quarter. Research analysts expect that Zalando SE will post 0.45 earnings per share 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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