Zalando (OTCMKTS:ZLDSF) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Shares of Zalando SE (OTCMKTS:ZLDSFGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $33.71 and traded as high as $38.51. Zalando shares last traded at $38.51, with a volume of 700 shares.

Zalando Stock Up 7.8 %

The company has a fifty day moving average of $33.71 and a 200-day moving average of $30.38.

About Zalando

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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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