Zalando SE (OTCMKTS:ZLDSF – Get Free Report) dropped 5.3% on Wednesday . The stock traded as low as $30.50 and last traded at $30.50. Approximately 300 shares changed hands during trading, an increase of 12% from the average daily volume of 267 shares. The stock had previously closed at $32.20.
Zalando Stock Down 5.3%
The stock has a fifty day simple moving average of $30.20 and a two-hundred day simple moving average of $30.01.
Zalando Company Profile
Zalando SE, trading on the OTC Markets under the symbol ZLDSF, is a leading European e-commerce company headquartered in Berlin, Germany. Since its launch in 2008, the company has built a comprehensive online platform dedicated to fashion, beauty and lifestyle products. Zalando’s marketplace connects customers with a wide range of footwear, apparel, accessories and home décor from established global brands and emerging designers.
Founded by Robert Gentz and David Schneider, Zalando has evolved from a pure-retail model into a full-service fashion platform offering end-to-end solutions.
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