Jefferies Financial Group restated their hold rating on shares of Zigup (LON:ZIG - Free Report) in a research report sent to investors on Friday, Marketbeat reports. They currently have a GBX 390 ($4.97) target price on the stock.
Zigup Price Performance
ZIG stock traded down GBX 4 ($0.05) during mid-day trading on Friday, reaching GBX 337.50 ($4.30). The company had a trading volume of 806,668 shares, compared to its average volume of 563,041. The company has a fifty day moving average of GBX 364.71. The company has a market cap of £752.32 million, a P/E ratio of 625.00 and a beta of 1.65. Zigup has a fifty-two week low of GBX 331 ($4.22) and a fifty-two week high of GBX 445 ($5.67).
Zigup Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, December 12th will be issued a dividend of GBX 8.80 ($0.11) per share. This represents a yield of 2.3%. The ex-dividend date of this dividend is Thursday, December 12th. Zigup's dividend payout ratio (DPR) is presently 4,814.81%.
About Zigup
(
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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.
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