Zip Co Ltd traded at 2.77 this Tuesday February 3rd, increasing 0.05 or 1.84 percent since the previous trading session. Looking back, over the last four weeks, Zip gained 12.34 percent. Over the last 12 months, its price rose by 18.88 percent. Looking ahead, we forecast Zip Co Ltd to be priced at 2.60 by the end of this quarter and at 2.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Zip Co Limited is an Australia-based company, which is engaged in digital retail finance and payments. The principal activity of the Company is offering point-of-sale credit and digital payment services to customers and providing integrated retail finance solutions to merchants, both online and in-store. The Company offers unsecured loans to consumers, both online and in-store, through the provision of line of credit and installment products. The Company provides services in four countries around the world, in Australia and New Zealand (ANZ), the United States and Canada (Americas). The Company’s segments include ANZ, Americas, Zip Business and Corporate. ANZ segment offers installment or line of credit products to consumers in Australia and New Zealand. Americas segment offers installment products to customers in the United States and Canada. Zip Business segment provides unsecured loans and lines of credit to small and medium-sized businesses in Australia and New Zealand.