Zalando (OTCMKTS:ZLNDY) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Zalando SE (OTCMKTS:ZLNDY) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.16 and traded as low as $17.41. Zalando shares last traded at $17.43, with a volume of 5,377 shares changing hands.

Wall Street Analyst Weigh In

Separately, UBS Group raised Zalando from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 16th.

Zalando Trading Down 2.1 %

The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 41.49 and a beta of 1.75. The company’s 50-day moving average price is $18.16 and its 200-day moving average price is $16.60. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.19.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.25 earnings per share (EPS) for the quarter. Zalando had a return on equity of 8.34% and a net margin of 1.97%. The company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Equities analysts expect that Zalando SE will post 0.5 EPS for the current fiscal year.

Zalando Company Profile

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.