Shares of Zalando SE (OTCMKTS:ZLDSF – Get Free Report) dropped 8.3% on Thursday . The company traded as low as $34.08 and last traded at $34.08. Approximately 472 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 971 shares. The stock had previously closed at $37.15.
Zalando Price Performance
The business’s fifty day moving average is $31.25 and its two-hundred day moving average is $27.34.
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.
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