Wizz Financial (LON:FIN) Shares Climb 10.8% – Should You Buy?

Wizz Financial (LON:FIN)’s share price shot up 10.8% during trading on Friday. The stock traded as high as GBX 7.20 and last traded at GBX 7.20. Approximately 341,351 shares changed hands during mid-day trading, an increase of 98% from the average session volume of 172,617 shares. The stock had previously closed at GBX 6.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Wizz Financial in a research 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 firm has a market capitalization of £5.07 million, a price-to-earnings ratio of -1.98 and a beta of 1.41. The firm’s fifty day moving average is GBX 6.28 and its 200 day moving average is GBX 10.09.

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

About Wizz Financial

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.