Insider Buying: ZIP (ASX:ZIP) Insider Acquires 26,041 Shares of Stock

Zip Co Limited (ASX:ZIP) insider Diane Smith-Gander purchased 26,041 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was bought at an average price of A$1.89 per share, with a total value of A$49,217.49.

ZIP Stock Performance

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

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. It also provides unsecured loans and lines of credit to SMEs. The company was formerly known as ZipMoney Limited and changed its name to Zip Co Limited in December 2017.