Zalando (OTCMKTS:ZLNDY) Sets New 1-Year Low – Should You Sell?

Zalando (OTCMKTS:ZLNDY) hit a new 52-week low during trading on Monday . The stock traded as low as $11.80 and last traded at $11.80, with a volume of 1855 shares traded. The stock had previously closed at $12.33.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ZLNDY. Citigroup reaffirmed a “buy” rating on shares of Zalando in a research note 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 given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Zalando Stock Performance

The stock has a market cap of $6.25 billion, a PE ratio of 22.75 and a beta of 1.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 0.59. The business has a 50 day moving average price of $14.01 and a two-hundred day moving average price of $14.21.

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.