ZIP (ZIZTF) Projected to Announce Earnings on Thursday

ZIP (OTCMKTS:ZIZTF) is projected to release its results before the market opens on Thursday, August 20th. Analysts expect the company to post earnings of $0.0380 per share and revenue of $465.1380 million for the quarter.

ZIP Stock Down 1.6%

Shares of ZIP stock opened at $1.88 on Wednesday. ZIP has a 1-year low of $0.95 and a 1-year high of $3.39. The business’s fifty day moving average price is $2.01 and its two-hundred day moving average price is $1.66.

Analyst Upgrades and Downgrades

Separately, B. Riley Financial began coverage on ZIP in a report on Wednesday, July 8th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

ZIP Company Profile

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.