ZIP (OTCMKTS:ZIZTF) Downgraded by Citigroup to “Sell”

Citigroup downgraded shares of ZIP (OTCMKTS:ZIZTF – Get Rating) from a neutral rating to a sell rating in a research note released on Tuesday morning, The Fly reports.

ZIP Stock Performance

OTCMKTS ZIZTF opened at $0.82 on Tuesday. The company’s fifty day moving average price is $0.54 and its two-hundred day moving average price is $1.09. ZIP has a 12 month low of $0.32 and a 12 month high of $6.50.

ZIP Company Profile

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Zip Co Limited provides point-of-sale credit, digital retail finance, and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, the United Kingdom, the United States, New Zealand, Mexico, and Canada. It operates through three segments: ZIP AU, Zip Global, and Zip Business.