Zigup (LON:ZIG) Stock Price Up 15% – Still a Buy?

by · The Cerbat Gem

Zigup Plc (LON:ZIG – Get Free Report) was up 15% during mid-day trading on Wednesday . The stock traded as high as GBX 393.50 and last traded at GBX 391.50. Approximately 5,420,739 shares were traded during trading, an increase of 719% from the average daily volume of 662,016 shares. The stock had previously closed at GBX 340.50.

Zigup Trading Up 15.4%

The firm has a market cap of £894.29 million, a price-to-earnings ratio of 11.26 and a beta of 1.65. The company’s 50-day moving average is GBX 336.17 and its 200-day moving average is GBX 337.22.

Zigup (LON:ZIG – Get Free Report) last issued its earnings results on Wednesday, December 3rd. The company reported GBX 27.60 earnings per share for the quarter. Zigup had a return on equity of 12.09% and a net margin of 6.82%. Equities research analysts forecast that Zigup Plc will post 52.8985507 EPS for the current year.

About Zigup

(Get Free Report)

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.

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