Wizz Financial (LON:FIN) Shares Up 1.9% – Here’s What Happened

Wizz Financial (LON:FIN)’s share price traded up 1.9% on Wednesday. The company traded as high as GBX 5.50 and last traded at GBX 5.35. 4,858 shares traded hands during trading, a decline of 97% from the average session volume of 181,832 shares. The stock had previously closed at GBX 5.25.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Wizz Financial in a report on Tuesday, September 1st.

Wizz Financial Stock Performance

The company has a debt-to-equity ratio of 136.14, a current ratio of 1.27 and a quick ratio of 1.02. The stock has a 50-day moving average price of GBX 6.67 and a 200-day moving average price of GBX 10.24. The firm has a market capitalization of £4.41 million, a PE ratio of -1.72 and a beta of 1.41.

Wizz Financial (LON:FIN) last issued its quarterly earnings results on Wednesday, September 16th. The company reported GBX (2.09) EPS for the quarter. Wizz Financial had a negative net margin of 18.79% and a negative return on equity of 111.47%.

Wizz Financial Company Profile

Founded in 2019, Wizz Financial is a global digital banking platform connecting people, businesses, and financial institutions across borders. The company brings together payments, digital wallets, cards, cross-border money movement, and lending in one integrated system with the goal of making money move efficiently across markets, currencies, and financial networks. Wizz Financial is headquartered in the United Arab Emirates.