Zalando (ETR:ZAL) Stock Price Down 0.8% – Here’s Why

Zalando SE (ETR:ZALGet Free Report) dropped 0.8% on Tuesday . The company traded as low as €28.85 ($31.36) and last traded at €28.90 ($31.41). Approximately 452,234 shares were traded during mid-day trading, The stock had previously closed at €29.13 ($31.66).

Zalando Price Performance

The firm has a market capitalization of $7.48 billion, a P/E ratio of 49.50, a price-to-earnings-growth ratio of 0.51 and a beta of 1.64. The company has a debt-to-equity ratio of 72.39, a quick ratio of 0.65 and a current ratio of 1.48. The business has a 50 day simple moving average of €26.75 and a two-hundred day simple moving average of €24.91.

About Zalando

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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.

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