Zalando (ETR:ZAL) Trading 0.4% Higher – Time to Buy?

Zalando SE (ETR:ZALGet Free Report) traded up 0.4% on Wednesday . The stock traded as high as €31.72 ($34.48) and last traded at €31.70 ($34.46). 1,396,780 shares traded hands during trading, The stock had previously closed at €31.57 ($34.32).

Zalando Trading Up 3.3 %

The company has a debt-to-equity ratio of 69.31, a quick ratio of 0.65 and a current ratio of 1.33. The stock has a market capitalization of $8.85 billion, a PE ratio of 43.34, a price-to-earnings-growth ratio of 0.51 and a beta of 1.64. The business’s 50-day moving average is €34.46 and its two-hundred day moving average is €31.20.

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.

Further Reading

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