Zalando (ETR:ZAL) Trading Up 0.6% – Here’s Why

Zalando SE (ETR:ZAL) shares shot up 0.6% during trading on Friday . The company traded as high as €25.34 and last traded at €25.34. 346,620 shares were traded during mid-day trading, The stock had previously closed at €25.19.

Zalando Trading Down 2.7%

The company has a quick ratio of 0.65, a current ratio of 1.33 and a debt-to-equity ratio of 69.31. The company has a market cap of $6.61 billion, a P/E ratio of 32.39, a P/E/G ratio of 0.51 and a beta of 1.64. The business has a 50-day moving average price of €23.87 and a two-hundred day moving average price of €25.35.

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. 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.