Zalando (ETR:ZAL) Trading 1.2% Higher – Here’s What Happened

Zalando SE (ETR:ZALGet Free Report)’s stock price was up 1.2% during mid-day trading on Tuesday . The company traded as high as €22.78 and last traded at €22.59. Approximately 911,759 shares changed hands during mid-day trading, The stock had previously closed at €22.32.

Zalando Stock Up 1.2%

The firm has a 50 day moving average of €25.33 and a 200 day moving average of €23.37. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 0.51 and a beta of 1.57. The company has a quick ratio of 0.65, a current ratio of 1.06 and a debt-to-equity ratio of 53.38.

Zalando Company Profile

(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. 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.

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