Zalando (ETR:ZAL) Trading 1.8% Higher – Here’s What Happened

Shares of Zalando SE (ETR:ZAL) traded up 1.8% on Friday . The stock traded as high as €23.89 and last traded at €23.77. 971,464 shares traded hands during mid-day trading, The stock had previously closed at €23.36.

Zalando Stock Up 1.8%

The firm has a market capitalization of $6.38 billion, a PE ratio of 31.22, a P/E/G ratio of 0.51 and a beta of 1.53. The firm’s 50 day moving average price is €21.43 and its two-hundred day moving average price is €22.48. The company has a quick ratio of 0.65, a current ratio of 1.09 and a debt-to-equity ratio of 52.18.

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. It operates in Germany, Austria, Switzerland, Belgium, Croatia, the Czech Republic, Denmark, Estonia, Finland, Hungary, France, Ireland, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.