Wizz Air (OTCMKTS:WZZAF) Stock Price Up 27.7% – Should You Buy?

Wizz Air Holdings Plc (OTCMKTS:WZZAFGet Free Report)’s share price was up 27.7% on Friday . The stock traded as high as $16.7680 and last traded at $16.7680. Approximately 5,580 shares changed hands during mid-day trading, an increase of 1,030% from the average daily volume of 494 shares. The stock had previously closed at $13.13.

Wizz Air Price Performance

The firm has a 50-day moving average price of $13.92 and a 200 day moving average price of $15.19.

About Wizz Air

(Get Free Report)

Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.

Founded in September 2003 by Jozsef VĂ¡radi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.

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