Zigup Plc (LON:ZIG - Get Free Report) shares dropped 9.4% during trading on Wednesday . The company traded as low as GBX 323 ($4.36) and last traded at GBX 327.50 ($4.42). Approximately 2,540,586 shares traded hands during mid-day 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 Trading Up 2.7%
The firm has a market cap of £751.46 million, a PE ratio of 6.04 and a beta of 1.65. The business has a fifty day moving average price of GBX 346.19 and a 200 day moving average price of GBX 319.33.
Zigup (LON:ZIG - Get Free Report) last released its quarterly earnings results on Wednesday, July 9th. The company reported GBX 58.40 ($0.79) earnings per share (EPS) for the quarter. Zigup had a return on equity of 12.09% and a net margin of 6.82%. On average, research 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 Mark Butcher acquired 6,000 shares of Zigup stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of GBX 320 ($4.32) per share, with a total value of £19,200 ($25,900.45). Also, insider Martin Ward acquired 14,922 shares of Zigup stock in a transaction that occurred on Wednesday, July 9th. The shares were purchased at an average cost of GBX 335 ($4.52) per share, with a total value of £49,988.70 ($67,433.83). Insiders bought a total of 80,631 shares of company stock valued at $26,936,223 over the last three months. 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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