Zigup Plc (LON:ZIG - Get Free Report) fell 9.4% during mid-day trading on Wednesday . The stock traded as low as GBX 323 ($4.39) and last traded at GBX 327.50 ($4.45). 2,540,586 shares were traded during mid-day 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 Trading Up 0.5%
The firm's 50 day moving average is GBX 345.60 and its two-hundred day moving average is GBX 319.15. The firm has a market cap of £731.45 million, a P/E ratio of 5.88 and a beta of 1.65.
Zigup (LON:ZIG - Get Free Report) last announced 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 net margin of 6.82% and a return on equity of 12.09%. Analysts predict that Zigup Plc will post 52.8985507 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Martin Ward bought 14,965 shares of the stock in a transaction that occurred on 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 the firm's stock in a transaction on Friday, May 2nd. The stock was bought at an average price of GBX 320 ($4.35) per share, for a total transaction of £19,200 ($26,094.05). Over the last 90 days, insiders have purchased 80,631 shares of company stock worth $26,936,223. 8.85% of the stock is 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.
Further Reading
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