Zalando (OTCMKTS:ZLNDY) Hits New 12-Month Low – Here’s What Happened

Shares of Zalando (OTCMKTS:ZLNDY) reached a new 52-week low during trading on Tuesday . The company traded as low as $12.35 and last traded at $12.35, with a volume of 670 shares traded. The stock had previously closed at $14.3870.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Zalando Stock Performance

The firm’s 50-day simple moving average is $14.27 and its two-hundred day simple moving average is $14.46. The stock has a market capitalization of $6.72 billion, a PE ratio of 24.46 and a beta of 1.61. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). Zalando had a net margin of 2.07% and a return on equity of 8.67%. The company had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.45 billion. On average, equities research analysts expect that Zalando will post 0.5 earnings per share 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.