Zalando SE (OTCMKTS:ZLDSF – Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $23.54 and traded as low as $22.7286. Zalando shares last traded at $22.7286, with a volume of 1,675 shares.
Zalando Stock Down 25.5%
The stock’s fifty day simple moving average is $23.54 and its two-hundred day simple moving average is $27.27.
Zalando Company Profile
Zalando SE, trading on the OTC Markets under the symbol ZLDSF, is a leading European e-commerce company headquartered in Berlin, Germany. Since its launch in 2008, the company has built a comprehensive online platform dedicated to fashion, beauty and lifestyle products. Zalando’s marketplace connects customers with a wide range of footwear, apparel, accessories and home décor from established global brands and emerging designers.
Founded by Robert Gentz and David Schneider, Zalando has evolved from a pure-retail model into a full-service fashion platform offering end-to-end solutions.
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