Insider Buying: ZIP (ASX:ZIP) Insider Acquires A$100,549.67 in Stock

Zip Co Limited (ASX:ZIP) insider Cynthia Scott acquired 53,342 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were bought at an average cost of A$1.89 per share, with a total value of A$100,549.67.

Cynthia Scott also recently made the following trade(s):

• On Monday, December 8th, Cynthia Scott purchased 10,118 shares of ZIP stock. The shares were purchased at an average price of A$3.15 per share, for a total transaction of A$31,871.70.

ZIP Price Performance

The company has a quick ratio of 3.75, a current ratio of 2.02 and a debt-to-equity ratio of 607.29. The stock has a market capitalization of $2.94 billion, a P/E ratio of 225.83 and a beta of 3.34.

About ZIP

Zip Co Limited engages in the provision of digital retail finance and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, New Zealand, Canada, and the United States. The company offers Buy Now Pay Later services, which offer line of credit and installment products to consumers through online and in-store. It also provides unsecured loans and lines of credit to SMEs. The company was formerly known as ZipMoney Limited and changed its name to Zip Co Limited in December 2017.