WizzFinancial (LON:FIN) Posts Earnings Results

WizzFinancial (LON:FIN) announced its earnings results on Thursday. The company reported GBX (1.92) EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,243 million for the quarter. WizzFinancial had a net margin of 2.75% and a return on equity of 11.58%.

WizzFinancial Price Performance

Shares of FIN stock opened at GBX 8.22 on Friday. The stock has a market cap of £5.79 million, a price-to-earnings ratio of 14.95 and a beta of 1.62. The business’s fifty day moving average is GBX 9.10 and its 200 day moving average is GBX 12.33. WizzFinancial has a twelve month low of GBX 7.85 and a twelve month high of GBX 34.98. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 89.79.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “house stock” rating on shares of WizzFinancial in a report on Thursday.

Insider Buying and Selling

In other news, insider James Hickman purchased 60,000 shares of WizzFinancial stock in a transaction that occurred on Tuesday, April 14th. The shares were bought at an average cost of GBX 9 per share, with a total value of £5,400. Also, insider Andrew Richards purchased 58,000 shares of WizzFinancial stock in a transaction that occurred on Tuesday, April 14th. The stock was purchased at an average cost of GBX 9 per share, for a total transaction of £5,220. Over the last 90 days, insiders bought 497,000 shares of company stock valued at $4,473,000 and sold 721,921 shares valued at $6,215,226. Company insiders own 16.28% of the company’s stock.

WizzFinancial Company Profile

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.