Zigup (LON:ZIG) Reaches New 1-Year High – Here’s What Happened

Zigup Plc (LON:ZIGGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 486.50 and last traded at GBX 464.75, with a volume of 45794 shares traded. The stock had previously closed at GBX 466.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 550 target price on shares of Zigup in a research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 537.50.

Get Our Latest Report on Zigup

Zigup Stock Performance

The stock has a market cap of £1.06 billion, a price-to-earnings ratio of 12.56 and a beta of 1.04. The stock’s 50-day simple moving average is GBX 425.18 and its two-hundred day simple moving average is GBX 398.92.

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.
The mobility landscape is changing, becoming ever more connected and ZIGUP uses its knowledge and expertise to guide customers through the transformation, whether that is more digitally connected solutions or supporting the transition to lower carbon mobility through providing EVs, charging solutions and consultancy.

The Company’s core purpose is to keep its customers mobile, smarter – through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur.

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