Shares of Zip Co Limited (OTCMKTS:ZIZTF – Get Free Report) dropped 2.2% on Tuesday . The company traded as low as $2.25 and last traded at $2.25. Approximately 28,250 shares were traded during trading, an increase of 314% from the average daily volume of 6,824 shares. The stock had previously closed at $2.30.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group initiated coverage on shares of ZIP in a research note on Wednesday, May 7th. They set a “buy” rating on the stock.
Read Our Latest Analysis on ZIZTF
ZIP Stock Performance
About ZIP
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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