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Zalando (ETR:ZAL) Trading Down 6% - What's Next?

Zalando logo with Consumer Cyclical background
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Zalando SE (ETR:ZAL - Get Free Report) fell 6% during trading on Wednesday . The company traded as low as €32.90 ($35.76) and last traded at €32.94 ($35.80). 1,166,865 shares traded hands during trading, The stock had previously closed at €35.06 ($38.11).

Zalando Trading Down 0.8 %

The firm has a market capitalization of $8.81 billion, a PE ratio of 43.15, a P/E/G ratio of 0.51 and a beta of 1.64. The company has a quick ratio of 0.65, a current ratio of 1.33 and a debt-to-equity ratio of 69.31. The business's fifty day moving average price is €34.31 and its 200 day moving average price is €30.39.

Zalando Company Profile

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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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