ZIP (OTCMKTS:ZIZTF) Stock Price Up 1.1% – Still a Buy?

Zip Co Limited (OTCMKTS:ZIZTFGet Free Report)’s stock price shot up 1.1% during trading on Friday . The company traded as high as $2.2250 and last traded at $2.2250. 241 shares changed hands during trading, a decline of 96% from the average session volume of 5,743 shares. The stock had previously closed at $2.20.

ZIP Price Performance

The business’s fifty day simple moving average is $2.25 and its 200-day simple moving average is $2.36.

About ZIP

(Get Free Report)

Zip Co Limited is an Australia-based financial technology company that operates a buy-now, pay-later (BNPL) platform designed to offer flexible digital payment solutions for consumers and merchants. Its core products include Zip Pay, which allows users to make interest-free purchases up to a set limit with flexible repayments, and Zip Money, which provides higher-value credit lines subject to fees. The company’s mobile app and web interfaces enable customers to shop online or in-store, split payments into installments, and manage account balances in real time.

Founded in 2013 by Larry Diamond and Peter Gray, Zip Co gained traction in the Australian market and subsequently expanded into New Zealand, the United Kingdom, South Africa, Spain and the United States.

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