Zalando (ETR:ZAL) Shares Down 1.3% – Here’s What Happened

Zalando SE (ETR:ZALGet Free Report) was down 1.3% on Wednesday . The company traded as low as €32.39 ($33.39) and last traded at €32.39 ($33.39). Approximately 407,998 shares were traded during trading, The stock had previously closed at €32.83 ($33.85).

Zalando Stock Performance

The business has a 50-day moving average of €30.50 and a two-hundred day moving average of €26.71. The company has a debt-to-equity ratio of 72.39, a current ratio of 1.48 and a quick ratio of 0.65. The company has a market cap of $8.39 billion, a P/E ratio of 55.55, a P/E/G ratio of 0.51 and a beta of 1.64.

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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