Zigup (LON:ZIG) Stock Price Down 0.2% – Time to Sell?

Zigup Plc (LON:ZIG) traded down 0.2% 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).

Analyst Upgrades and Downgrades

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

Zigup Stock Performance

The company’s 50-day moving average price is GBX 309.01 and its 200 day moving average price is GBX 337.81. The stock has a market capitalization of £668.09 million, a P/E ratio of 5.37 and a beta of 1.65.

Insider Buying and Selling at Zigup

In other Zigup news, insider John Pattullo acquired 10,000 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was acquired at an average cost of GBX 295 ($3.82) per share, with a total value of £29,500 ($38,192.65). Insiders own 8.85% of the company’s stock.

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.