ZIP (OTCMKTS:ZIZTF) Trading Down 18.5% – Time to Sell?

Shares of Zip Co Limited (OTCMKTS:ZIZTFGet Free Report) traded down 18.5% during trading on Tuesday . The company traded as low as $1.10 and last traded at $1.10. 13,100 shares changed hands during trading, an increase of 237% from the average session volume of 3,882 shares. The stock had previously closed at $1.35.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on shares of ZIP in a research note on Wednesday, May 7th. They set a “buy” rating on the stock.

Check Out Our Latest Stock Report on ZIP

ZIP Stock Performance

The business’s 50 day simple moving average is $1.12 and its 200 day simple moving average is $1.51.

ZIP Company Profile

(Get Free Report)

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.

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