Wizz Financial (LON:FIN) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Wizz Financial (LON:FIN) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 6.28 and traded as high as GBX 6.50. Wizz Financial shares last traded at GBX 6.50, with a volume of 14,314 shares.

Analyst Upgrades and Downgrades

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

Wizz Financial Stock Performance

The firm has a 50-day moving average price of GBX 6.28 and a two-hundred day moving average price of GBX 10.09. The firm has a market capitalization of £4.77 million, a P/E ratio of -1.86 and a beta of 1.41. The company has a debt-to-equity ratio of 136.14, a current ratio of 1.27 and a quick ratio of 1.02.

Wizz Financial (LON:FIN) last released its quarterly earnings data on Wednesday, September 16th. The company reported GBX (2.09) earnings per share (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.