Zalando (OTCMKTS:ZLNDY) Shares Gap Up – Should You Buy?

Zalando (OTCMKTS:ZLNDY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $11.65, but opened at $13.01. Zalando shares last traded at $12.93, with a volume of 35,842 shares traded.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Zalando in a report on Thursday, December 11th. Barclays raised shares of Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Zalando Trading Up 9.9%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.59 and a current ratio of 1.12. The business has a fifty day simple moving average of $13.25 and a 200 day simple moving average of $14.03. The company has a market cap of $6.76 billion, a P/E ratio of 24.62 and a beta of 1.65.

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.