Business
Is the Zip Co share price too expensive to buy? – Motley Fool Australia
From the market low point, the Zip Co share price has risen 621%. With a market cap of $3.4 billion is there any growth left in Zip Co?
The Zip Co Ltd(ASX: Z1P) share price has leapt up by 47.7% in just the past month, giving it a market capitalisation of $3.47 billion. Consequently, many investors are asking if this share is too expensive to buy. Should shrewd investors expect more growth from this company? Or is it a bubble just waiting to burst?
The stratospheric market cap of buy now, pay later (BNPL) stablemate Afterpay Ltd(ASX: APT) also complicates things. Afterpay has a current valuation of $24.86 billion. A value that …
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