Zalando (OTCMKTS:ZLNDY) Posts Quarterly Earnings Results

Zalando (OTCMKTS:ZLNDY) posted its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, Zacks reports. Zalando had a return on equity of 8.34% and a net margin of 1.97%.

Zalando Stock Performance

ZLNDY stock traded up $0.96 on Thursday, hitting $18.78. The company had a trading volume of 5,040 shares, compared to its average volume of 12,327. The stock has a market cap of $9.91 billion, a price-to-earnings ratio of 44.71 and a beta of 1.71. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock’s 50-day simple moving average is $17.83 and its 200 day simple moving average is $16.14. Zalando has a 12-month low of $10.01 and a 12-month high of $20.64.

Wall Street Analyst Weigh In

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

About Zalando

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.