Zalando (OTCMKTS:ZLNDY) Hits New 12-Month Low – Here’s Why

Zalando (OTCMKTS:ZLNDY)’s stock price hit a new 52-week low on Monday . The company traded as low as $12.73 and last traded at $12.8250, with a volume of 7191 shares. The stock had previously closed at $13.29.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ZLNDY shares. Cfra Research lowered shares of Zalando from a “moderate buy” rating to a “hold” rating in a research note on Monday, August 11th. Citigroup reaffirmed a “buy” rating on shares of Zalando in a research report on Friday, September 26th. Finally, Baader Bank raised Zalando to a “buy” rating in a report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Zalando Stock Performance

The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $6.83 billion, a PE ratio of 24.87 and a beta of 1.57. The company has a 50-day moving average price of $14.83 and a two-hundred day moving average price of $15.52.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). The firm had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $3.45 billion. Zalando had a return on equity of 8.95% and a net margin of 2.07%. Analysts predict that Zalando will post 0.5 EPS for the current fiscal year.

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.