Zalando (OTCMKTS:ZLNDY) Shares Gap Down – Should You Sell?

Zalando (OTCMKTS:ZLNDY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $14.45, but opened at $13.99. Zalando shares last traded at $13.99, with a volume of 2,130 shares traded.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Zalando presently has an average rating of “Hold”.

Zalando Trading Down 3.9%

The business has a 50-day moving average of $14.08 and a 200 day moving average of $14.62. The stock has a market cap of $7.42 billion, a PE ratio of 27.02 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.59 and a current ratio of 1.12.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). Zalando had a return on equity of 8.67% and a net margin of 2.07%.The business had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.45 billion. Equities research analysts predict that Zalando will post 0.5 EPS for the current fiscal year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.