WizzFinancial (LON:FIN) Stock Jumps 1.9% – Should You Buy?

WizzFinancial (LON:FIN) shares were up 1.9% on Wednesday. The stock traded as high as GBX 5.50 and last traded at GBX 5.35. 4,858 shares changed 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.

Wall Street Analysts Forecast Growth

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

WizzFinancial Price Performance

The stock has a market capitalization of £3.64 million, a P/E ratio of -1.42 and a beta of 1.41. The firm has a 50-day moving average price of GBX 8.33 and a 200 day moving average price of GBX 9.58. The company has a debt-to-equity ratio of 136.14, a quick ratio of 1.02 and a current ratio of 1.27.

WizzFinancial (LON:FIN) last announced its quarterly earnings data on Wednesday, September 16th. The company reported GBX (2.09) earnings per share for the quarter. WizzFinancial had a negative return on equity of 111.47% and a negative net margin of 18.79%.

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.