Shares of Zigup Plc (LON:ZIG - Get Free Report) traded down 9.4% during mid-day trading on Wednesday . The stock traded as low as GBX 323 ($4.36) and last traded at GBX 327.50 ($4.42). 2,540,586 shares changed hands 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 ($4.88).
Zigup Stock Up 2.7%
The company's 50-day simple moving average is GBX 346.19 and its 200 day simple moving average is GBX 319.31. The stock has a market capitalization of £751.46 million, a price-to-earnings ratio of 6.04 and a beta of 1.65.
Zigup (LON:ZIG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 9th. The company reported GBX 58.40 ($0.79) EPS for the quarter. Zigup had a return on equity of 12.09% and a net margin of 6.82%. On average, equities analysts expect that Zigup Plc will post 52.8985507 earnings per share for the current fiscal year.
Insider Activity at Zigup
In other news, insider Martin Ward acquired 14,965 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was acquired at an average cost of GBX 334 ($4.51) per share, with a total value of £49,983.10 ($67,426.28). Also, insider Mark Butcher bought 6,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average price of GBX 320 ($4.32) per share, for a total transaction of £19,200 ($25,900.45). In the last quarter, insiders have acquired 80,631 shares of company stock worth $26,936,223. Corporate insiders own 8.85% of the company's stock.
About Zigup
(
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.
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