Zigup (LON:ZIG) Hits New 1-Year Low - Here's Why

Zigup Plc (LON:ZIG - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 356 ($4.62) and last traded at GBX 361 ($4.68), with a volume of 122 shares changing hands. The stock had previously closed at GBX 359.50 ($4.66).

Zigup Stock Down 0.1 %

The stock has a market cap of £800.25 million, a price-to-earnings ratio of 662.96 and a beta of 1.65. The firm has a fifty day moving average price of GBX 377.56.

Insiders Place Their Bets

In related news, insider Philip Vincent sold 63,014 shares of the company's stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of GBX 400 ($5.19), for a total value of £252,056 ($326,878.49). Corporate 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.