Zigup (LON:ZIG) Stock Price Down 0.2% - Here's Why

Zigup Plc (LON:ZIG - Get Free Report) traded down 0.2% during trading on Tuesday . The stock traded as low as GBX 307 ($3.97) and last traded at GBX 307.50 ($3.98). 11,212,988 shares were traded during trading, an increase of 1,494% from the average session volume of 703,348 shares. The stock had previously closed at GBX 308 ($3.99).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a "hold" rating and issued a GBX 390 ($5.05) target price on shares of Zigup in a research note on Friday, December 6th.

Zigup Stock Performance

The business has a fifty day moving average of GBX 308.81 and a two-hundred day moving average of GBX 336.84. The firm has a market capitalization of £673.64 million, a price-to-earnings ratio of 5.42 and a beta of 1.65.

Insider Buying and Selling at Zigup

In other news, insider John Pattullo acquired 10,000 shares of the firm's stock in a transaction on Tuesday, January 14th. The shares were purchased at an average cost of GBX 295 ($3.82) per share, with a total value of £29,500 ($38,182.76). Corporate insiders own 8.85% of the company's stock.

Zigup Company Profile

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.