Zalando (OTCMKTS:ZLNDY) Shares Gap Up – What’s Next?

Shares of Zalando (OTCMKTS:ZLNDY) gapped up prior to trading on Tuesday . The stock had previously closed at $13.99, but opened at $14.41. Zalando shares last traded at $14.45, with a volume of 1,738 shares changing hands.

Analyst Ratings Changes

ZLNDY has been the subject of several analyst reports. Barclays upgraded shares of Zalando to a “strong-buy” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein raised shares of Zalando from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th. Finally, Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Zalando Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.58. The stock has a 50-day simple moving average of $12.99 and a 200-day simple moving average of $13.19. The stock has a market cap of $7.69 billion, a P/E ratio of 57.27 and a beta of 1.54.

Zalando (OTCMKTS:ZLNDY) last posted its earnings results on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a return on equity of 4.15% and a net margin of 0.89%.The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.48 billion. Research analysts forecast that Zalando will post 0.47 earnings per share for the current year.

Zalando Company Profile

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.