Zalando (OTCMKTS:ZLNDY) Shares Gap Down – Here’s What Happened

Zalando (OTCMKTS:ZLNDY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $14.45, but opened at $13.99. Zalando shares last traded at $13.99, with a volume of 2,130 shares changing hands.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays upgraded shares of Zalando from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 13th. Citigroup reiterated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Zalando Trading Down 3.9%

The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $7.42 billion, a P/E ratio of 27.02 and a beta of 1.60. The business’s 50 day moving average is $14.08 and its two-hundred day moving average is $14.62.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.09). The business had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.45 billion. Zalando had a net margin of 2.07% and a return on equity of 8.67%. Analysts expect that Zalando will post 0.5 EPS for the current year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.