Shares of Zalando SE (OTCMKTS:ZLNDY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $18.92 and last traded at $18.91, with a volume of 13534 shares changing hands. The stock had previously closed at $18.40.
Wall Street Analyst Weigh In
Separately, UBS Group upgraded Zalando from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 16th.
Get Our Latest Report on ZLNDY
Zalando Stock Performance
The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 45.74 and a beta of 1.71. The firm's 50-day moving average price is $17.16 and its two-hundred day moving average price is $15.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33.
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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