ZIP (OTCMKTS:ZIZTF) Trading Down 2.9% – Should You Sell?

Zip Co Limited (OTCMKTS:ZIZTFGet Free Report)’s stock price was down 2.9% during trading on Thursday . The stock traded as low as $1.81 and last traded at $1.81. Approximately 115 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 6,310 shares. The stock had previously closed at $1.87.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on ZIP

ZIP Trading Down 2.9%

The stock’s 50-day simple moving average is $1.62 and its 200 day simple moving average is $1.46.

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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