Zalando (ETR:ZAL) Shares Down 1.3% – Here’s Why

Zalando SE (ETR:ZALGet Free Report)’s stock price traded down 1.3% during trading on Wednesday . The stock traded as low as €32.39 ($33.39) and last traded at €32.39 ($33.39). 407,998 shares traded hands during trading, The stock had previously closed at €32.83 ($33.85).

Zalando Trading Down 1.3 %

The company has a 50 day simple moving average of €30.45 and a 200 day simple moving average of €26.64. The company has a market capitalization of $8.44 billion, a PE ratio of 55.84, a price-to-earnings-growth ratio of 0.51 and a beta of 1.64. The company has a debt-to-equity ratio of 72.39, a quick ratio of 0.65 and a current ratio of 1.48.

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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