Zigup Plc (LON:ZIG - Get Free Report) shares traded down 9.4% on Thursday . The stock traded as low as GBX 323 ($4.39) and last traded at GBX 327.50 ($4.45). 2,540,586 shares changed hands during trading, an increase of 307% from the average session volume of 623,751 shares. The stock had previously closed at GBX 361.50 ($4.91).
Zigup Stock Up 1.8%
The firm has a fifty day simple moving average of GBX 345.60 and a 200-day simple moving average of GBX 319.15. The company has a market cap of £741.45 million, a PE ratio of 5.96 and a beta of 1.65.
Zigup (LON:ZIG - Get Free Report) last posted its earnings results on Wednesday, July 9th. The company reported GBX 58.40 ($0.79) earnings per share (EPS) for the quarter. Zigup had a return on equity of 12.09% and a net margin of 6.82%. Equities research analysts forecast that Zigup Plc will post 52.8985507 earnings per share for the current fiscal year.
Insider Transactions at Zigup
In related news, insider Martin Ward purchased 14,965 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were acquired at an average cost of GBX 334 ($4.54) per share, for a total transaction of £49,983.10 ($67,930.28). Also, insider Mark Butcher acquired 6,000 shares of Zigup stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of GBX 320 ($4.35) per share, with a total value of £19,200 ($26,094.05). Over the last three months, insiders acquired 80,631 shares of company stock valued at $26,936,223. 8.85% of the stock is currently owned by corporate insiders.
Zigup Company Profile
(
Get Free Report)
ZIGUP (formerly Redde Northgate plc) is the leading integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. The Company offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Zigup, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zigup wasn't on the list.
While Zigup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
