John Pattullo Acquires 10,000 Shares of Zigup Plc (LON:ZIG) Stock

Zigup Plc (LON:ZIG) insider John Pattullo purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost of GBX 295 ($3.60) per share, for a total transaction of £29,500 ($36,015.14).

Zigup Stock Up 3.7 %

Zigup stock traded up GBX 11 ($0.13) during mid-day trading on Wednesday, reaching GBX 306.50 ($3.74). 410,669 shares of the stock traded hands, compared to its average volume of 638,049. Zigup Plc has a 12-month low of GBX 287 ($3.50) and a 12-month high of GBX 445 ($5.43). The firm’s 50-day simple moving average is GBX 338.99. The firm has a market capitalization of £683.22 million, a PE ratio of 567.59 and a beta of 1.65.

Zigup Cuts Dividend

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

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 390 ($4.76) 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.