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

Zip Co Limited (ASX:ZIP) insider Cynthia Scott acquired 18,349 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of A$2.65 ($1.66) per share, for a total transaction of A$48,624.85 ($30,390.53).

ZIP Stock Performance

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

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.