Zalando (OTCMKTS:ZLNDY) Reaches New 1-Year High – What’s Next?

Zalando SE (OTCMKTS:ZLNDY)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $18.92 and last traded at $18.91, with a volume of 13534 shares traded. The stock had previously closed at $18.40.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 16th.

Zalando Price Performance

The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $17.09 and a two-hundred day simple moving average of $15.22. The company has a market cap of $10.07 billion, a PE ratio of 45.74 and a beta of 1.71.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $2.63 billion for the quarter. Zalando had a return on equity of 8.34% and a net margin of 1.97%. On average, equities analysts predict that Zalando SE will post 0.5 EPS for the current fiscal year.

About Zalando

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.