Zip Co Limited (ASX:ZIP) Insider Purchases A$48,624.85 in Stock

Zip Co Limited (ASX:ZIP) insider Cynthia Scott purchased 18,349 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average cost of A$2.65 ($1.68) per share, with a total value of A$48,624.85 ($30,775.22).

ZIP Price Performance

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

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.