Zigup (LON:ZIG) Stock Price Up 0.3% - Should You Buy?

Zigup Plc (LON:ZIG - Get Free Report) shares were up 0.3% on Thursday . The stock traded as high as GBX 358 ($4.92) and last traded at GBX 354 ($4.86). Approximately 549,603 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 612,126 shares. The stock had previously closed at GBX 353 ($4.85).

Zigup Stock Performance

The company has a market capitalization of £789.25 million, a price-to-earnings ratio of 6.35 and a beta of 1.65. The company has a fifty day simple moving average of GBX 338.88 and a two-hundred day simple moving average of GBX 317.56.

Insider Buying and Selling

In other Zigup news, insider Mark Butcher bought 6,000 shares of Zigup stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average cost of GBX 320 ($4.39) per share, for a total transaction of £19,200 ($26,366.38). Insiders own 8.85% of the company's stock.

Zigup Company Profile

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.