Zalando (OTCMKTS:ZLDSF) Trading Down 27.8%

Zalando SE (OTCMKTS:ZLDSFGet Rating) shares dropped 27.8% during trading on Thursday . The company traded as low as $24.05 and last traded at $24.05. Approximately 4,289 shares were traded during trading, an increase of 183% from the average daily volume of 1,517 shares. The stock had previously closed at $33.30.

The stock has a 50-day moving average price of $40.83 and a 200 day moving average price of $61.38.

About Zalando (OTCMKTS:ZLDSF)

Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.

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