Zalando (OTCMKTS:ZLNDY) Shares Down 0.8% – Time to Sell?

Zalando (OTCMKTS:ZLNDY)’s stock price dropped 0.8% during trading on Tuesday . The company traded as low as $14.10 and last traded at $14.26. Approximately 28,364 shares changed hands during trading, an increase of 49% from the average daily volume of 19,051 shares. The stock had previously closed at $14.38.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. 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 issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Zalando Stock Performance

The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 27.42 and a beta of 1.60. The stock has a 50 day moving average of $13.81 and a 200 day moving average of $14.72. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.17.

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

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.