Zalando (ETR:ZAL) Shares Down 0.7% – Here’s What Happened

Zalando SE (ETR:ZAL)’s share price fell 0.7% during mid-day trading on Friday . The company traded as low as €23.06 and last traded at €23.08. 1,049,233 shares were traded during mid-day trading, The stock had previously closed at €23.24.

Zalando Stock Performance

The company has a debt-to-equity ratio of 69.31, a quick ratio of 0.65 and a current ratio of 1.33. The stock’s 50 day moving average price is €24.42 and its 200 day moving average price is €25.96. The company has a market capitalization of $6.19 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 0.51 and a beta of 1.64.

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.