ZIP.AX Zip Co (ASX) A$1.60 on 26 Feb 2026: most active stock shows short-term setup
ZIP.AX stock is trading at A$1.60 intraday on 26 Feb 2026 as volume spikes to 60,975,892 shares, making Zip Co Limited one of the ASX most active names today. The jump in activity arrives with the share price near the day low A$1.58 and well below the 50-day average of A$2.94. Traders are watching liquidity and valuation after recent sector commentary on BNPL demand, while analysts weigh Zip’s leverage and international reach for short-term trading ideas.
ZIP.AX stock intraday snapshot
ZIP.AX stock is trading at A$1.60 with an intraday range from A$1.58 to A$1.69. Market capitalisation stands at A$2.22B and shares outstanding are 1,270,683,586. Volume of 60,975,892 is nearly double the average volume of 20,378,393, confirming the most active status for the ASX session. The relative volume of 1.94 shows heavier than normal flow, which often precedes volatile intraday moves.
Trading drivers and BNPL sector context
Today’s activity follows broader attention on buy now, pay later trends and Zip’s position as a credit option for users with weak credit. CNBC recently cited Zip among BNPL providers ranked for accessibility and payment flexibility, which supports increased retail interest source. Market chatter, merchant wins and short-term flows can amplify volume even without fresh company announcements.
Fundamentals and valuation for ZIP.AX stock
Zip reports EPS A$0.08 and a trailing P/E of 21.88 versus the Financial Services sector average P/E of 22.79. Price to book is 3.38 and enterprise value to sales is 3.45. Zip’s balance sheet shows cash per share A$0.42 but high leverage with debt to equity of 3.83, above sector norms. The 50-day and 200-day averages are A$2.94 and A$3.30, respectively, highlighting the share price gap to longer-term trend levels.
Technical picture: intraday momentum and indicators
Technicals show momentum fatigue but room for mean reversion. RSI is 33.20, near oversold territory, and MACD histogram is slightly negative. Bollinger lower band sits at A$1.60, effectively at today’s price, which can act as immediate support. ADX at 26.03 signals a trending move, and ATR is A$0.22, indicating intraday swing size. Traders may use a tight risk plan around A$1.58–A$1.69.
Meyka AI grade and ZIP.AX stock forecast
Meyka AI rates ZIP.AX with a score of 73.41 out of 100 — Grade B+ (BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly A$1.97 (+23.13% vs A$1.60), quarterly A$1.62 (+1.25%), and yearly A$4.45 (+178.13%). Forecasts are model-based projections and not guarantees. For more context see Zip’s ASX profile on Meyka’s platform Meyka ZIP page.
Risks and opportunities for ZIP.AX stock
Opportunity: Zip’s global merchant footprint and flexible plans can boost revenue if BNPL demand holds. Risk: long receivables and high debt-to-equity 3.83 increase credit and liquidity risk. Other red flags include negative free cash flow per share A$-0.04 and days sales outstanding near 911 days, which investors must monitor closely.
Final Thoughts
ZIP.AX stock is one of the ASX most active names intraday on 26 Feb 2026, trading at A$1.60 on volume nearly 61.0M shares. The setup shows a short-term technical support at the Bollinger lower band A$1.60 but the price remains below both the 50-day and 200-day averages. Fundamental strength includes EPS A$0.08 and a P/E of 21.88, while elevated debt to equity 3.83 and stretched receivables are tangible risks. Meyka AI’s forecast model projects A$4.45 in 12 months, implying ~178.13% upside from today’s price, but that projection is model-based and not a guarantee. Active traders may watch intraday liquidity, while longer-term investors should weigh growth prospects against balance-sheet leverage and execution. Meyka AI provides this as part of its AI-powered market analysis platform, and investors should combine this data with their own research before acting.
FAQs
Why is ZIP.AX stock one of the most active ASX names today?
ZIP.AX stock is active because volume hit 60,975,892, nearly double the average. Retail interest in BNPL, sector commentary and short-term flows drove trading. Intraday technicals put price near the lower Bollinger band, attracting both sellers and opportunistic buyers.
What are the key valuation metrics for ZIP.AX stock?
Key metrics: P/E 21.88, EPS A$0.08, P/B 3.38, enterprise value to sales 3.45, and market cap A$2.22B. These show moderate earnings coverage but higher leverage than peers, which affects valuation comparatives.
How does Meyka AI view the near-term outlook for ZIP.AX stock?
Meyka AI rates ZIP.AX 73.41/100 (B+, BUY) and projects A$1.97 monthly and A$4.45 in 12 months. These are model outputs, not guarantees, and assume execution on growth and improved cash conversion.
What are the main risks to monitor for ZIP.AX stock?
Major risks include high debt to equity 3.83, negative free cash flow per share A$-0.04, and long receivables. Regulatory or merchant acceptance shifts in BNPL would also materially affect ZIP.AX stock performance.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.