Zalando (ETR:ZAL) Trading 1.8% Higher – Here’s What Happened

Zalando SE (ETR:ZAL)’s stock price shot up 1.8% on Friday . The company traded as high as €23.89 and last traded at €23.77. 971,464 shares traded hands during trading, The stock had previously closed at €23.36.

Zalando Stock Up 1.8%

The company has a market capitalization of $6.38 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 0.51 and a beta of 1.53. The stock’s fifty day simple moving average is €21.43 and its two-hundred day simple moving average is €22.48. The company has a debt-to-equity ratio of 52.18, a current ratio of 1.09 and a quick ratio of 0.65.

Zalando Company Profile

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. It operates in Germany, Austria, Switzerland, Belgium, Croatia, the Czech Republic, Denmark, Estonia, Finland, Hungary, France, Ireland, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.