Short Interest in Zalando (OTCMKTS:ZLNDY) Declines By 47.6%

Zalando (OTCMKTS:ZLNDY) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 27,411 shares, a decline of 47.6% from the April 15th total of 52,313 shares. Based on an average trading volume of 67,322 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of research firms have weighed in on ZLNDY. Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Citigroup reiterated a “buy” rating on shares of Zalando in a research report on Thursday. Finally, Barclays upgraded Zalando to a “strong-buy” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Zalando Price Performance

Shares of Zalando stock opened at $11.11 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 1.11. Zalando has a 52-week low of $10.84 and a 52-week high of $18.54. The company has a fifty day moving average of $12.41 and a 200-day moving average of $13.20. The stock has a market capitalization of $5.74 billion, a price-to-earnings ratio of 42.73 and a beta of 1.52.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Zalando had a return on equity of 4.12% and a net margin of 0.89%. Equities research analysts expect that Zalando will post 0.47 EPS for the current year.

Zalando Company Profile

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.