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

Zigup Plc (LON:ZIG) insider John Pattullo bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The stock was purchased at an average cost of GBX 295 ($3.61) per share, with a total value of £29,500 ($36,107.71).

Zigup Price Performance

ZIG stock opened at GBX 306.50 ($3.75) on Thursday. The firm has a market cap of £683.22 million, a P/E ratio of 567.59 and a beta of 1.65. Zigup Plc has a 52-week low of GBX 287 ($3.51) and a 52-week high of GBX 445 ($5.45). The company’s 50-day moving average is GBX 337.91.

Zigup Cuts Dividend

The business 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 was Thursday, December 12th. This represents a yield of 2.3%. Zigup’s dividend payout ratio (DPR) is currently 4,814.81%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 390 ($4.77) target price on shares of Zigup in a research 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.