Zalando (OTCMKTS:ZLDSF) Shares Down 27.8%

Zalando SE (OTCMKTS:ZLDSFGet Rating)’s share price fell 27.8% on Thursday . The stock traded as low as $24.05 and last traded at $24.05. 4,289 shares traded hands during trading, an increase of 183% from the average session volume of 1,517 shares. The stock had previously closed at $33.30.

The firm has a 50 day moving average price of $40.83 and a two-hundred day moving average price of $61.38.

Zalando Company Profile (OTCMKTS:ZLDSF)

Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.

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