Shares of Zip Co Limited (OTCMKTS:ZIZTF – Get Free Report) shot up 10% during trading on Thursday . The stock traded as high as $1.6060 and last traded at $1.6060. 225 shares changed hands during trading, a decline of 95% from the average session volume of 4,151 shares. The stock had previously closed at $1.46.
ZIP Stock Performance
The firm has a fifty day simple moving average of $1.40 and a 200 day simple moving average of $1.74.
About ZIP
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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