Zalando SE (OTCMKTS:ZLNDY - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.16 and traded as low as $17.41. Zalando shares last traded at $17.43, with a volume of 5,377 shares changing hands.
Analysts Set New Price Targets
Separately, UBS Group upgraded shares of Zalando from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 16th.
Check Out Our Latest Analysis on Zalando
Zalando Stock Down 1.0 %
The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 41.05 and a beta of 1.75. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average price of $18.16 and a 200 day moving average price of $16.67.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.25 earnings per share (EPS) for the quarter. Zalando had a net margin of 1.97% and a return on equity of 8.34%. The firm had revenue of $3.52 billion during the quarter, compared to analysts' expectations of $3.40 billion. As a group, analysts forecast that Zalando SE will post 0.5 EPS for the current year.
Zalando Company Profile
(
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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