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Zip Co Ltd. ( (AU:ZIP) ) has issued an update.
Zip Co Ltd. announced the issuance of 40,471 unquoted securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives, potentially impacting its operational dynamics and stakeholder engagement.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Ltd. operates in the financial technology industry, providing buy now, pay later services and digital payment solutions. The company focuses on offering flexible payment options to consumers and businesses, aiming to enhance the shopping experience and financial accessibility.
Average Trading Volume: 22,138,526
Technical Sentiment Signal: Sell
Current Market Cap: A$2.53B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.