Free Trial

Zigup (LON:ZIG) Trading Down 7.1% - Time to Sell?

Zigup logo with Industrials background

Zigup Plc (LON:ZIG - Get Free Report)'s share price dropped 7.1% during mid-day trading on Wednesday . The company traded as low as GBX 336 ($4.57) and last traded at GBX 336 ($4.57). Approximately 494,457 shares traded hands during trading, a decline of 19% from the average daily volume of 608,132 shares. The stock had previously closed at GBX 361.50 ($4.91).

Zigup Stock Down 6.8%

The firm has a market capitalization of £749.23 million, a P/E ratio of 6.02 and a beta of 1.65. The company's 50 day moving average is GBX 345.30 and its 200-day moving average is GBX 319.09.

Zigup (LON:ZIG - Get Free Report) last announced its quarterly earnings data 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%. On average, analysts predict that Zigup Plc will post 52.8985507 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Mark Butcher purchased 6,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were acquired at an average price of GBX 320 ($4.35) per share, for a total transaction of £19,200 ($26,101.14). Company insiders own 8.85% of the company's stock.

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Zigup Right Now?

Before you consider Zigup, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zigup wasn't on the list.

While Zigup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines