Zalando (OTCMKTS:ZLNDY – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Zalando had a net margin of 1.97% and a return on equity of 8.34%.
Zalando Price Performance
ZLNDY stock traded up $0.96 during trading on Thursday, reaching $18.78. 5,040 shares of the company were exchanged, compared to its average volume of 12,327. Zalando has a twelve month low of $10.01 and a twelve month high of $20.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. The company has a market capitalization of $9.91 billion, a price-to-earnings ratio of 44.71 and a beta of 1.71. The company has a 50-day moving average of $17.83 and a two-hundred day moving average of $16.14.
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.
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