Zip Co Limited (ASX:ZIP) Insider Buys A$98,700.00 in Stock

Zip Co Limited (ASX:ZIP) insider Andrew Stevens bought 47,000 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of A$2.10 ($1.35) per share, with a total value of A$98,700.00 ($63,269.23).

ZIP Stock Performance

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

ZIP Company Profile

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.