Zalando (OTCMKTS:ZLNDY) Shares Gap Up – Should You Buy?

Zalando (OTCMKTS:ZLNDY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $12.00, but opened at $13.03. Zalando shares last traded at $13.00, with a volume of 281 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Barclays raised Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Sanford C. Bernstein raised Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of Zalando in a report on Thursday, May 14th. 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 company’s stock. According to data from MarketBeat, Zalando has a consensus rating of “Moderate Buy”.

Zalando Price Performance

The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 50.60 and a beta of 1.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 1.11. The company has a fifty day simple moving average of $12.38 and a two-hundred day simple moving average of $13.09.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.25). The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.48 billion. Zalando had a net margin of 0.89% and a return on equity of 4.12%. As a group, equities research analysts expect that Zalando will post 0.47 earnings per share for the current fiscal 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.