Zalando (OTCMKTS:ZLNDY) Hits New 12-Month High – Still a Buy?

Zalando SE (OTCMKTS:ZLNDY) shares hit a new 52-week high on Wednesday . The company traded as high as $19.48 and last traded at $19.48, with a volume of 6978 shares. The stock had previously closed at $19.29.

Analysts Set New Price Targets

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

Zalando Stock Up 1.0 %

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33. The stock has a market cap of $10.28 billion, a price-to-earnings ratio of 46.38 and a beta of 1.71. The business’s 50 day moving average is $17.30 and its 200 day moving average is $15.40.

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.