Zigup (LON:ZIG) Reaches New 1-Year Low – Time to Sell?

Zigup Plc (LON:ZIG) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 362 ($4.70) and last traded at GBX 362 ($4.70), with a volume of 183462 shares traded. The stock had previously closed at GBX 368.50 ($4.78).

Zigup Stock Down 1.0 %

The firm has a market cap of £796.90 million, a price-to-earnings ratio of 664.81 and a beta of 1.65. The company has a fifty day moving average of GBX 381.17.

Insider Buying and Selling at Zigup

In other news, insider Philip Vincent sold 63,014 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of GBX 400 ($5.19), for a total transaction of £252,056 ($327,260.45). 8.85% of the stock is owned by corporate insiders.

About Zigup

Zigup Plc engages in the provision of mobility solutions and automotive services to business and personal customers in the United Kingdom, Spain, and Ireland. The company offers vehicle provision services which includes vehicle rental, service, and maintenance services through vans, light commercial vehicles (LCVs), and specialist vehicles with refrigerated, traffic management, and support; and fleet support and services comprising service scheduling, telematics, driver liaison, training, and downtime management, as well as electric vehicle (EV) fleet consulting and charging, and solar installation for businesses and consumers.