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

Zigup Plc (LON:ZIG) insider John Pattullo acquired 10,000 shares of the stock in a transaction on Tuesday, January 14th. The shares were purchased at an average cost of GBX 295 ($3.60) per share, with a total value of £29,500 ($36,015.14).

Zigup Stock Up 3.7 %

Shares of Zigup stock traded up GBX 11 ($0.13) during midday trading on Wednesday, hitting GBX 306.50 ($3.74). The company had a trading volume of 410,669 shares, compared to its average volume of 638,049. The firm has a 50 day moving average price of GBX 338.99. The firm has a market cap of £683.22 million, a PE ratio of 567.59 and a beta of 1.65. Zigup Plc has a 52-week low of GBX 287 ($3.50) and a 52-week high of GBX 445 ($5.43).

Zigup Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 12th were issued 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 presently 4,814.81%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 390 ($4.76) 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.