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

Jefferies Financial Group reaffirmed their hold rating on shares of Zigup (LON:ZIG) in a report published on Friday, Marketbeat.com reports. They currently have a GBX 390 ($4.97) price objective on the stock.

Zigup Stock Performance

LON:ZIG opened at GBX 337.53 ($4.30) on Friday. Zigup has a 52 week low of GBX 331 ($4.22) and a 52 week high of GBX 445 ($5.67). The company has a 50-day moving average price of GBX 364.71. The stock has a market cap of £752.38 million, a price-to-earnings ratio of 625.00 and a beta of 1.65.

Zigup Cuts Dividend

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