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

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

Zigup Stock Up 1.0 %

LON:ZIG opened at GBX 313 ($3.81) on Friday. The stock has a 50-day moving average price of GBX 336. Zigup Plc has a 12 month low of GBX 287 ($3.49) and a 12 month high of GBX 445 ($5.41). The stock has a market capitalization of £697.71 million, a P/E ratio of 579.63 and a beta of 1.65.

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 dividend payout ratio is currently 4,814.81%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 390 ($4.75) price target 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.