Zalando (OTCMKTS:ZLNDY) Shares Gap Up – Time to Buy?

by · The Cerbat Gem

Zalando (OTCMKTS:ZLNDY – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $13.84, but opened at $14.25. Zalando shares last traded at $14.29, with a volume of 7,249 shares trading hands.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Baader Bank upgraded shares of Zalando to a “buy” rating in a research report on Monday, August 18th. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Report on Zalando

Zalando Stock Performance

The firm has a market capitalization of $7.60 billion, a P/E ratio of 27.69 and a beta of 1.62. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. The business’s 50 day simple moving average is $14.05 and its two-hundred day simple moving average is $14.96.

Zalando (OTCMKTS:ZLNDY – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.09). The firm had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.45 billion. Zalando had a return on equity of 8.67% and a net margin of 2.07%. Sell-side analysts anticipate that Zalando will post 0.5 EPS for the current fiscal year.

About Zalando

(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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