Zalando (OTCMKTS:ZLNDY) Shares Gap Up – What’s Next?

Zalando (OTCMKTS:ZLNDY) gapped up prior to trading on Wednesday. The stock had previously closed at $12.3520, but opened at $12.85. Zalando shares last traded at $12.78, with a volume of 8,543 shares changing hands.

Analyst Ratings Changes

Separately, DZ Bank raised Zalando from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Zalando Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.63 and a current ratio of 1.06. The company has a market cap of $6.24 billion, a P/E ratio of 58.09 and a beta of 1.49. The stock’s fifty day moving average price is $13.85 and its two-hundred day moving average price is $13.53.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.12). Zalando had a net margin of 0.70% and a return on equity of 3.46%. The firm had revenue of $3.95 billion for the quarter, compared to analyst estimates of $3.97 billion. As a group, equities analysts predict that Zalando will post 0.32 earnings per share for the current year.

Zalando Company Profile

Zalando SE is a Germany-based online fashion and lifestyle platform headquartered in Berlin. Founded in 2008 by Robert Gentz and David Schneider, the company began as an online footwear retailer and expanded into a broad European marketplace for fashion, beauty and lifestyle products.

The company offers clothing, shoes, accessories, sportswear, beauty products and related merchandise from numerous brands and private-label offerings. In addition to selling products directly, Zalando operates a platform that enables third-party brands and retailers to reach customers through its marketplace.