Zalando (OTCMKTS:ZLDSF) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Zalando SE (OTCMKTS:ZLDSFGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $28.11 and traded as high as $28.91. Zalando shares last traded at $28.91, with a volume of 242 shares.

Zalando Stock Down 9.7 %

The firm’s 50 day moving average is $28.11 and its two-hundred day moving average is $26.33.

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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