Zigup Plc (LON:ZIG) Insider John Pattullo Purchases 10,000 Shares

Zigup Plc (LON:ZIG - Get Free Report) insider John Pattullo bought 10,000 shares of Zigup stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average price of GBX 295 ($3.61) per share, for a total transaction of £29,500 ($36,107.71).

Zigup Price Performance

Shares of LON ZIG traded up GBX 11 ($0.13) on Wednesday, hitting GBX 306.50 ($3.75). The company had a trading volume of 410,669 shares, compared to its average volume of 638,049. The company has a 50 day moving average price of GBX 337.91. The firm has a market cap of £683.22 million, a price-to-earnings ratio of 567.59 and a beta of 1.65. Zigup Plc has a 12-month low of GBX 287 ($3.51) and a 12-month high of GBX 445 ($5.45).

Zigup Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 12th were given a dividend of GBX 8.80 ($0.11) per share. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 2.3%. Zigup's payout ratio is currently 4,814.81%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a "hold" rating and set a GBX 390 ($4.77) price target on shares of Zigup in a research report on Friday, December 6th.

About Zigup

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.