ZIP (OTCMKTS:ZIZTF) Trading 1.1% Higher – Should You Buy?

Zip Co Limited (OTCMKTS:ZIZTF) shares were up 1.1% during mid-day trading on Friday . The stock traded as high as $2.2250 and last traded at $2.2250. Approximately 241 shares changed hands during trading, a decline of 96% from the average daily volume of 5,743 shares. The stock had previously closed at $2.20.

ZIP Price Performance

The firm’s 50 day simple moving average is $2.25 and its 200 day simple moving average is $2.37.

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.