Zalando (OTCMKTS:ZLNDY) Short Interest Update

Zalando (OTCMKTS:ZLNDY) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 27,411 shares, a decline of 47.6% from the April 15th total of 52,313 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 67,322 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

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

Zalando Stock Performance

OTCMKTS:ZLNDY opened at $11.11 on Friday. The stock has a market cap of $5.74 billion, a P/E ratio of 42.73 and a beta of 1.52. The company has a quick ratio of 0.68, a current ratio of 1.11 and a debt-to-equity ratio of 0.17. The business’s 50-day moving average price is $12.41 and its two-hundred day moving average price is $13.20. Zalando has a twelve month low of $10.84 and a twelve month high of $18.54.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.25). The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Zalando had a return on equity of 4.12% and a net margin of 0.89%. As a group, equities analysts predict that Zalando will post 0.47 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.