Zigup (LON:ZIG) Trading 15% Higher – Here’s Why

Zigup Plc (LON:ZIGGet Free Report)’s share price rose 15% on Wednesday . The stock traded as high as GBX 393.50 and last traded at GBX 391.50. Approximately 5,420,739 shares changed hands during mid-day trading, an increase of 719% from the average daily volume of 662,016 shares. The stock had previously closed at GBX 340.50.

Zigup Price Performance

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

Zigup (LON:ZIGGet Free Report) last announced 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%. Research analysts expect that Zigup Plc will post 52.8985507 earnings per share for the current year.

Zigup Company Profile

(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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