Zalando (OTCMKTS:ZLNDY) Reaches New 1-Year High – What’s Next?

Zalando SE (OTCMKTS:ZLNDY) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $18.88 and last traded at $18.54, with a volume of 9753 shares trading hands. The stock had previously closed at $18.47.

Wall Street Analysts Forecast Growth

ZLNDY has been the subject of several research reports. UBS Group raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 16th. Citigroup raised shares of Zalando to a “strong-buy” rating in a research note on Thursday, October 3rd.

Zalando Stock Performance

The firm’s 50 day moving average is $16.75 and its 200-day moving average is $15.03. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33. The company has a market cap of $9.78 billion, a PE ratio of 44.14 and a beta of 1.70.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.09 EPS for the quarter. Zalando had a net margin of 1.97% and a return on equity of 8.34%. The firm had revenue of $2.63 billion for the quarter. On average, research analysts anticipate that Zalando SE will post 0.5 earnings per share for the current fiscal year.

About Zalando

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.