Zalando (OTCMKTS:ZLNDY) Sets New 1-Year Low – Should You Sell?

Zalando (OTCMKTS:ZLNDY)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $11.80 and last traded at $11.80, with a volume of 1855 shares traded. The stock had previously closed at $12.33.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Barclays raised Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Citigroup reissued a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Zalando has a consensus rating of “Hold”.

Zalando Stock Down 2.3%

The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. The firm has a market cap of $6.25 billion, a P/E ratio of 22.75 and a beta of 1.61. The stock’s fifty day moving average is $14.01 and its two-hundred day moving average is $14.21.

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.