HUM, ZIP, SZL, DOU: Look at the performance of these BNPL stocks

3 min read | April 26, 2022 07:20 PM AEST | By Sukriti Nair

HUM, ZIP, SZL, DOU: Look at the performance of these BNPL stocks — Image source: © 2022 Kalkine Media ®

Highlights

Australian stocks fell 2.08% lower on Tuesday (26 April).

Financials index closed 0.887% lower with EML being the top loser on ASX.

BNPL (Buy Now Pay Later) stocks under the financial sector also traded in red.

Australian indices closed in red today with the ASX200 losing 2.08% or 7,318 points to touch a new 20-day low. The worst performing stock in the index was EML Payments Limited from the financial sector, down 38.56%. The ASX200 financial sector index (XFJ) also closed trade 0.887% lower. In this backdrop we have covered here the four BNPL (Buy Now Pay Later) stocks from the financial sector.

In this article, we will discuss about ASX-listed BNPL stocks namely Humm group limited (ASX:HUM), ZIP Co Limited (ASX:Z1P), Sezzle Inc. (ASX:SZL) and Douugh Limited (ASX:DOU)

Note- Share prices mentioned in the story are as of 26 April 2022. All comparisons are made based on it.

Humm Group Limited (ASX:HUM)

Humm Group Limited engaged in the business of leasing and rental financial services also provides a range of other financial services like interest free loans and other payment solutions. The company caters to both B2B and B2C clients across Australia, New Zealand and Ireland.

As of Tuesday, HUM shares remained stagnant while the financial sector traded lower. As of date the market capitalisation of Humm Group Limited is AU$401.16 million. Talking about price performance, in the last five days, HUM share price has dropped 1.82%. HUM share price has in the last 30 days of trade on ASX depreciated by about 1.22%.

ZIP Co Limited (ASX:ZIP)

ZIP Co Limited is a well-known BNPL service provider offering point of sale and digital solutions to businesses and individuals. Its two key products are zipPay and zipMoney.

As of Tuesday, ZIP shares traded about 2.72% below its previous close, ending trade at AU$1.070 a share. ZIP Co Limited has a market capitalisation of AU$753.78 million on the ASX. In terms of share price performance of ZIP shares, have lost 14.4% of its market valuation in the last five days, while losing over 27% in a month.

Sezzle Inc. (ASX:SZL)

Sezzle Inc. is yet another fin-tech payment company, that offers interest-free, short-term instalment payments to iclients and retailers. It also offers clients budgeting and planning services for their expenses.

By market close on Tuesday, SZL shares were placed on the ASX almost 6.67% lower than Friday’s close. As of date the market capitalisation of Sezzle Inc. is AU$196.23 million. Talking about price performance of SZL shares, in the last five days of trade, SZL share price has gone down over 11.33%.

Image Source ^© 2022 Kalkine Media ®

Image Description- ASX BNPL stocks

Douugh Limited (ASX:DOU)

Douugh Limited being a neo-bank offers both BNPL and banking services. Douugh Limited with its business model has disrupted the traditional or online banking model, taking it one step further.

Turning towards its shares, on the ASX, despite any new announcements on the ASX, DOU shares as of date remained stagnant at AU$0.028 a share. Douugh Limited’s market capitalisation as of Tuesday stood at AU$23.60 million. In the last 5 days of trade on ASX, DOU share price has lost almost 6.67%.

Near-term share price performance

Image Source ^© 2022 Kalkine Media ®

Image Description- Near-term share price performance BNPL stocks

More from financials- EML Payments’ (ASX:EML) shares tumble after reduced profit guidance

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