Zigup’s (ZIG) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Zigup (LON:ZIG) in a research note published on Friday, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 390 ($4.97) price target on the stock.

Zigup Stock Performance

LON ZIG opened at GBX 337.53 ($4.30) on Friday. The stock has a market capitalization of £752.38 million, a P/E ratio of 625.00 and a beta of 1.65. Zigup has a 52 week low of GBX 331 ($4.22) and a 52 week high of GBX 445 ($5.67). The firm’s 50-day simple moving average is GBX 364.71.

Zigup Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be issued a GBX 8.80 ($0.11) dividend. This represents a yield of 2.3%. The ex-dividend date is Thursday, December 12th. Zigup’s dividend payout ratio (DPR) is presently 4,814.81%.

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.