Zigup (LON:ZIG) Stock Price Up 0.3% – Time to Buy?

Zigup Plc (LON:ZIG)’s share price rose 0.3% during mid-day trading on Thursday . The stock traded as high as GBX 358 ($4.91) and last traded at GBX 354 ($4.86). Approximately 549,603 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 612,126 shares. The stock had previously closed at GBX 353 ($4.84).

Zigup Trading Up 0.3%

The company’s 50 day moving average is GBX 336.40 and its 200 day moving average is GBX 317.46. The company has a market cap of £787.03 million, a PE ratio of 6.33 and a beta of 1.65.

Insiders Place Their Bets

In other news, insider Mark Butcher acquired 6,000 shares of the firm’s stock in a transaction dated Friday, May 2nd. The stock was acquired at an average cost of GBX 320 ($4.39) per share, with a total value of £19,200 ($26,348.29). Insiders own 8.85% of the company’s stock.

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.