Zalando (OTCMKTS:ZLNDY) Hits New 12-Month High – What’s Next?

Zalando SE (OTCMKTS:ZLNDYGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $17.47 and last traded at $17.37, with a volume of 37500 shares traded. The stock had previously closed at $16.07.

Analysts Set New Price Targets

Separately, Citigroup raised Zalando to a “strong-buy” rating in a research note on Thursday, October 3rd.

View Our Latest Stock Analysis on Zalando

Zalando Stock Performance

The firm has a 50 day moving average of $15.47 and a 200-day moving average of $13.74. The stock has a market capitalization of $9.16 billion, a PE ratio of 37.48 and a beta of 1.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33.

About Zalando

(Get Free Report)

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.

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