Zigup Plc (LON:ZIG - Get Free Report) was down 9.4% on Wednesday . The company traded as low as GBX 323 ($4.36) and last traded at GBX 327.50 ($4.42). Approximately 2,540,586 shares were traded during trading, an increase of 307% from the average daily volume of 623,751 shares. The stock had previously closed at GBX 361.50 ($4.88).
Zigup Stock Up 2.7%
The stock has a 50-day simple moving average of GBX 346.19 and a two-hundred day simple moving average of GBX 319.31. The firm has a market cap of £751.46 million, a PE ratio of 6.04 and a beta of 1.65.
Zigup (LON:ZIG - Get Free Report) last released its quarterly earnings results on Wednesday, July 9th. The company reported GBX 58.40 ($0.79) earnings per share for the quarter. Zigup had a return on equity of 12.09% and a net margin of 6.82%. Research analysts expect that Zigup Plc will post 52.8985507 earnings per share for the current year.
Insider Activity
In related news, insider Mark Butcher acquired 6,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The shares were purchased at an average price of GBX 320 ($4.32) per share, for a total transaction of £19,200 ($25,900.45). Also, insider Martin Ward acquired 14,965 shares of the firm's stock in a transaction dated Wednesday, July 9th. The stock was bought at an average price of GBX 334 ($4.51) per share, for a total transaction of £49,983.10 ($67,426.28). In the last quarter, insiders bought 80,631 shares of company stock worth $26,936,223. Company insiders own 8.85% of the company's stock.
About Zigup
(
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.
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