Zalando (OTCMKTS:ZLDSF) Shares Up 9.8% – Time to Buy?

Zalando SE (OTCMKTS:ZLDSFGet Free Report)’s share price traded up 9.8% during trading on Friday . The stock traded as high as $35.73 and last traded at $35.73. 401 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 451 shares. The stock had previously closed at $32.55.

Zalando Price Performance

The business has a 50 day simple moving average of $33.20 and a two-hundred day simple moving average of $29.37.

About Zalando

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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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