Zalando (OTCMKTS:ZLNDY – Get Free Report) posted its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, Zacks reports. Zalando had a net margin of 1.97% and a return on equity of 8.34%.
Zalando Trading Up 5.4 %
ZLNDY stock traded up $0.96 during mid-day trading on Thursday, reaching $18.78. 5,040 shares of the stock traded hands, compared to its average volume of 12,327. Zalando has a one year low of $10.01 and a one year high of $20.64. The stock has a market capitalization of $9.91 billion, a PE ratio of 44.71 and a beta of 1.71. 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 business has a 50-day moving average price of $17.83 and a two-hundred day moving average price of $16.14.
Analysts Set New Price Targets
Separately, UBS Group raised Zalando from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 16th.
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.
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