Zigup (LON:ZIG) Hits New 12-Month Low - Should You Sell?

Zigup Plc (LON:ZIG - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 372.50 ($4.98) and last traded at GBX 382.50 ($5.12), with a volume of 1370 shares changing hands. The stock had previously closed at GBX 377 ($5.04).

Zigup Stock Performance

The stock has a market capitalization of £835.91 million, a P/E ratio of 693.52 and a beta of 1.65.

Zigup Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 29th were issued a dividend of GBX 17.50 ($0.23) per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 4.33%. Zigup's dividend payout ratio (DPR) is currently 4,814.81%.

Insider Buying and Selling at Zigup

In related news, insider Philip Vincent sold 63,014 shares of Zigup stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of GBX 400 ($5.35), for a total transaction of £252,056 ($337,153.56). Insiders own 8.85% of the company's stock.

Zigup Company Profile

Zigup Plc engages in the provision of mobility solutions and automotive services to business and personal customers in the United Kingdom, Spain, and Ireland. The company offers vehicle provision services which includes vehicle rental, service, and maintenance services through vans, light commercial vehicles (LCVs), and specialist vehicles with refrigerated, traffic management, and support; and fleet support and services comprising service scheduling, telematics, driver liaison, training, and downtime management, as well as electric vehicle (EV) fleet consulting and charging, and solar installation for businesses and consumers.