Zigup (LON:ZIG) Stock Price Up 0.3% - Time to Buy?

Zigup Plc (LON:ZIG - Get Free Report) rose 0.3% during trading on Thursday . The stock traded as high as GBX 358 ($4.91) and last traded at GBX 354 ($4.86). Approximately 549,603 shares were traded during trading, a decline of 10% from the average daily volume of 612,126 shares. The stock had previously closed at GBX 353 ($4.84).

Zigup Stock Up 1.7%

The firm has a market capitalization of £800.37 million, a price-to-earnings ratio of 6.43 and a beta of 1.65. The business has a 50-day moving average price of GBX 336.40 and a 200-day moving average price of GBX 317.46.

Insider Activity

In other news, insider Mark Butcher acquired 6,000 shares of Zigup stock in a transaction dated Friday, May 2nd. The stock was purchased at an average cost of GBX 320 ($4.39) per share, for a total transaction of £19,200 ($26,348.29). Corporate insiders own 8.85% of the company's stock.

About Zigup

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.