Zigup (LON:ZIG) Trading 15.4% Higher – Still a Buy?

by · The Cerbat Gem

Zigup Plc (LON:ZIG – Get Free Report)’s stock price shot up 15.4% on Wednesday . The stock traded as high as GBX 393.50 and last traded at GBX 393. 3,819,186 shares changed hands during mid-day trading, an increase of 483% from the average session volume of 655,201 shares. The stock had previously closed at GBX 340.50.

Zigup Stock Up 15.4%

The firm has a market capitalization of £894.29 million, a price-to-earnings ratio of 11.26 and a beta of 1.65. The stock’s fifty day moving average is GBX 336.17 and its two-hundred day moving average is GBX 337.22.

Zigup (LON:ZIG – Get Free Report) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 27.60 EPS for the quarter. Zigup had a net margin of 6.82% and a return on equity of 12.09%. As a group, analysts anticipate that Zigup Plc will post 52.8985507 EPS for the current year.

Zigup Company Profile

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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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