Zigup Plc (LON:ZIG) Insider Buys £29,500 in Stock

Zigup Plc (LON:ZIG) insider John Pattullo purchased 10,000 shares of Zigup stock in a transaction on Tuesday, January 14th. The stock was bought at an average price of GBX 295 ($3.59) per share, with a total value of £29,500 ($35,892.44).

Zigup Trading Up 1.0 %

Shares of LON ZIG opened at GBX 313 ($3.81) on Friday. The stock has a market capitalization of £697.71 million, a PE ratio of 579.63 and a beta of 1.65. Zigup Plc has a 1 year low of GBX 287 ($3.49) and a 1 year high of GBX 445 ($5.41). The stock has a fifty day moving average price of GBX 336.

Zigup Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were paid a GBX 8.80 ($0.11) dividend. The ex-dividend date was Thursday, December 12th. This represents a yield of 2.3%. Zigup’s payout ratio is presently 4,814.81%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 390 ($4.75) target price on shares of Zigup in a 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.