Zigup (LON:ZIG) Trading 15.4% Higher – What’s Next?

Zigup Plc (LON:ZIGGet Free Report)’s share price traded up 15.4% during mid-day trading on Wednesday . The company traded as high as GBX 393.50 and last traded at GBX 393. 3,819,186 shares were traded 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 Performance

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

Zigup (LON:ZIGGet Free Report) last released its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 27.60 earnings per share for the quarter. Zigup had a net margin of 6.82% and a return on equity of 12.09%. As a group, sell-side analysts expect that Zigup Plc will post 52.8985507 earnings per share 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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