WizzFinancial (LON:FIN) Releases Earnings Results

WizzFinancial (LON:FIN) announced its earnings results on Wednesday. The company reported GBX (2.09) earnings per share (EPS) for the quarter, Digital Look Earnings reports. WizzFinancial had a negative net margin of 8.95% and a negative return on equity of 43.85%.

WizzFinancial Stock Up 2.4%

Shares of FIN traded up GBX 0.15 during mid-day trading on Thursday, reaching GBX 6.40. The company had a trading volume of 40,392 shares, compared to its average volume of 187,501. WizzFinancial has a 52 week low of GBX 6 and a 52 week high of GBX 18.75. The company has a debt-to-equity ratio of 97.87, a quick ratio of 1.02 and a current ratio of 1.48. The firm has a 50-day moving average price of GBX 10.34 and a 200 day moving average price of GBX 10.35. The company has a market capitalization of £4.51 million, a price-to-earnings ratio of -3.33 and a beta of 1.41.

Analyst Ratings Changes

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

About WizzFinancial

WizzFinancial operates as a platform for B2B payments and foreign exchange solutions worldwide. It operates through three segments: Cross-Border Payments & Consumer Solutions, Consumer Foreign Exchange Solutions, and B2B & Payment Technology Solutions. The Cross-Border Payments & Consumer Solutions segment offers cross-border payments services through digital and physical channels. This segment also provides payroll processing, mobile wallet, bill payment, digital gifting, and consumer advance services.