Zalando (OTCMKTS:ZLNDY) Shares Gap Up – Should You Buy?

Shares of Zalando (OTCMKTS:ZLNDY) gapped up prior to trading on Tuesday . The stock had previously closed at $14.66, but opened at $15.46. Zalando shares last traded at $15.38, with a volume of 3,992 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ZLNDY. Barclays raised shares of Zalando from an “equal weight” rating to an “overweight” rating in a research note on Tuesday. Citigroup reissued a “buy” rating on shares of Zalando in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Zalando presently has a consensus rating of “Moderate Buy”.

Zalando Trading Up 4.7%

The firm’s 50 day simple moving average is $13.86 and its two-hundred day simple moving average is $14.69. The stock has a market capitalization of $8.10 billion, a P/E ratio of 29.52 and a beta of 1.60. 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 forecast that Zalando will post 0.5 earnings per share for the current fiscal year.

Zalando Company Profile

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.