Zalando (OTCMKTS:ZLNDY) Posts Quarterly Earnings Results

Zalando (OTCMKTS:ZLNDY) posted its quarterly earnings data on Tuesday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. Zalando had a return on equity of 8.34% and a net margin of 1.97%.

Zalando Stock Down 3.3 %

Shares of OTCMKTS:ZLNDY opened at $17.86 on Tuesday. The stock has a market capitalization of $9.43 billion, a P/E ratio of 42.52 and a beta of 1.79. The stock’s 50-day moving average price is $17.93 and its 200-day moving average price is $17.21. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. Zalando has a 12-month low of $11.35 and a 12-month high of $20.64.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note 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.