Zalando (ETR:ZAL) Trading Down 1.3% – Here’s What Happened

Shares of Zalando SE (ETR:ZALGet Free Report) were down 1.3% during trading on Wednesday . The company traded as low as €32.39 ($33.39) and last traded at €32.39 ($33.39). Approximately 407,998 shares were traded during mid-day trading, The stock had previously closed at €32.83 ($33.85).

Zalando Trading Down 0.5 %

The stock’s 50-day moving average price is €30.50 and its 200 day moving average price is €26.71. The company has a debt-to-equity ratio of 72.39, a current ratio of 1.48 and a quick ratio of 0.65. The firm has a market capitalization of $8.39 billion, a PE ratio of 55.55, a price-to-earnings-growth ratio of 0.51 and a beta of 1.64.

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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