ZALANDO SE/ADR (ZLNDY) Rating Lowered to Sell at Zacks Investment Research

ZALANDO SE/ADR (OTCMKTS:ZLNDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday, September 12th.

According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “

Separately, ValuEngine lowered shares of ZALANDO SE/ADR from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th.

Shares of OTCMKTS ZLNDY traded up $0.03 during midday trading on Wednesday, hitting $19.78. The company’s stock had a trading volume of 3,169 shares, compared to its average volume of 5,260. ZALANDO SE/ADR has a 1 year low of $19.33 and a 1 year high of $30.41.

ZALANDO SE/ADR Company Profile

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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