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

Zalando SE (OTCMKTS:ZLNDY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $18.88 and last traded at $18.54, with a volume of 9753 shares. The stock had previously closed at $18.47.

Analyst Ratings Changes

A number of research firms have issued reports on ZLNDY. Citigroup raised shares of Zalando to a “strong-buy” rating in a report on Thursday, October 3rd. UBS Group raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 16th.

Zalando Trading Up 0.4 %

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. The company’s fifty day moving average is $16.75 and its 200-day moving average is $15.03. The stock has a market cap of $9.78 billion, a PE ratio of 44.14 and a beta of 1.70.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Tuesday, November 5th. The company reported $0.09 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 $2.63 billion during the quarter. On average, analysts predict that Zalando SE will post 0.5 earnings per share for the current fiscal year.

Zalando Company Profile

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.