Shares of Zalando SE (OTCMKTS:ZLDSF) dropped 0.6% during mid-day trading on Wednesday . The company traded as low as $48.93 and last traded at $48.93, approximately 726 shares changed hands during trading. An increase of 94% from the average daily volume of 375 shares. The stock had previously closed at $49.20.
ZLDSF has been the topic of a number of research reports. Goldman Sachs Group reiterated a “neutral” rating on shares of Zalando in a research report on Friday, November 15th. DZ Bank restated a “sell” rating on shares of Zalando in a report on Tuesday, January 28th.
The company’s fifty day moving average is $48.41 and its two-hundred day moving average is $46.39.
Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.
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