"Royal Bank of Canada analyst Tim Piper said the December quarter was a strong seasonal period, but the results showed Zip starting the year with a growing consumer and merchant base, and the US growth was a highlight. "Overall a solid update, with QuadPay the key growth driver," Mr Piper said in a note.
Morningstar analyst Shaun Ler said Zip appeared to be gradually catching up to market leader Afterpay, and also pointed to the quick growth in its US division. "It's a strong result, and I think investors are really excited about the prospects of this firm," Mr Ler said.
"Royal Bank of Canada analyst Tim Piper said the December...
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Last
$2.01 |
Change
0.100(5.24%) |
Mkt cap ! $2.544B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $2.05 | $1.94 | $38.11M | 19.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 31620 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 23041 | 3 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |