Zigup Plc (LON:ZIG - Get Free Report)'s share price dropped 9.4% during trading on Thursday . The stock traded as low as GBX 323 ($4.36) and last traded at GBX 327.50 ($4.42). Approximately 2,540,586 shares changed hands 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 market capitalization of £751.46 million, a P/E ratio of 6.04 and a beta of 1.65. The company has a fifty day simple moving average of GBX 346.19 and a two-hundred day simple moving average of GBX 319.28.
Zigup (LON:ZIG - Get Free Report) last announced its 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%. As a group, equities analysts forecast that Zigup Plc will post 52.8985507 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Martin Ward acquired 14,922 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were bought at an average price of GBX 335 ($4.52) per share, for a total transaction of £49,988.70 ($67,415.64). Also, insider Mark Butcher purchased 6,000 shares of the business's stock in a transaction on Friday, May 2nd. The stock was purchased at an average price of GBX 320 ($4.32) per share, with a total value of £19,200 ($25,893.46). In the last three months, insiders bought 80,631 shares of company stock worth $26,936,223. 8.85% of the stock is currently owned by insiders.
Zigup Company Profile
(
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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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