The number of short positions held in Zalando SE experienced a sizeable decline during December (OTCMKTS: ZLNDY). Compared to the 21,300 shares that had been borrowed as of November 30, the number of shares that had been borrowed as of December 15 was 4,100, representing an 80.8% decrease. As a result, the current short-interest ratio is 0.0 days, calculated based on an average trading volume of 103,900 shares. This information was obtained from the ratio’s historical data.
Zalando (OTCMKTS: ZLNDY) disclosed the outcomes of its most recent quarterly earnings report on Thursday, November 3. During the time frame examined in this report, the company experienced a loss of $0.07 per share. Zalando had a net margin of 0.10 percent, and the return on equity for the company was 0.48 percent. The company reported total revenue of $2.37 billion for the period in question. According to the forecasts of specialists in equity research, Zalando will generate revenue of 0.15 cents per share during the current fiscal year.
The closing price of ZLNDY on Wednesday was $17.47, which was $0.16 higher than the price at the end of the previous trading session. When compared to the stock’s average daily volume of 41,466 shares traded, there were only 14,412 transactions of the stock’s shares. The quick ratio is 0.83, the current ratio is 1.45, and the debt-to-equity ratio is 0.44. All of these numbers are relative to the total amount of debt. All these figures should be interpreted in light of the overall sum owed. In addition to having a market value of $9.21 billion, the company has a price-to-earnings ratio of 865.25, a PEG ratio of 12.26, and a beta value of 1.74. All three ratios are significantly higher than 1.74. Over the past 50 days, the price of a share of the company’s stock has increased to $15.00; over the past 200 days, it has increased to $13.42 per share. Zalando’s price ranged from $9.31 to $41.59 over a year, with an average price of $41.59.
In recent months, many brokerage houses have shown interest in ZLNDY. It was announced in a research report that was distributed on Friday, September 9, by Berenberg Bank that they had downgraded their “hold” rating for Zalando and decreased their price objective on the stock from €36.00 ($38.30) to €26.00 ($27.66). Both of these changes were made in response to Zalando’s recent performance. Barclays announced, in a research note that was made public on Wednesday, October 5, that the price objective that they have set for Zalando shares has decreased from €28.00 ($29.79) to €27.00 ($28.72), reflecting a decrease of €5.00 ($5.90). Morgan Stanley announced in a research note released on Friday, October 14, that the price objective they have set for Zalando shares has decreased to €27.00 ($28.72) from €34.00 ($36.17). In addition, the company assigned the corporation an “equal weight” rating in its evaluation of the corporation. Deutsche Bank Aktiengesellschaft stated in a research note published on Friday, October 14, that they would be decreasing their price target for Zalando shares from €42.00 ($44.68) to €29.00 ($30.85). In a research note that was published on September 21, Credit Suisse Group lowered both their “outperform” rating and their price objective on Zalando shares from €35.00 ($37.23) to €33.00 ($35.11), bringing the total change in both of those figures to €1. Three financial analysts have recommended that investors buy the company’s stock, five have suggested that investors maintain their current holdings, and one has suggested that investors sell the stock. The “Hold” rating has been given to the company by Bloomberg’s research team, and the $37.28 price target has been determined as the analyst consensus for the stock.
Zalando SE is an e-commerce website specializing in selling items associated with fashion and lifestyle. It is possible to take advantage of free shipping and returns on many items, including cosmetics, clothing, accessories, and footwear. In addition, customers can purchase products from this business at real retail locations in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hannover, Münster, Stuttgart, Mannheim, and Ulm, as well as through the Zalando Lounge. These cities are all located in Germany. These cities, therefore, these found in Germany.