Wizz Air (LON:WIZZ) Shares Cross Above Fifty Day Moving Average of $2,161.26

Wizz Air Holdings Plc (LON:WIZZ) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2,161.26 ($26.70) and traded as high as GBX 2,238 ($27.64). Wizz Air shares last traded at GBX 2,116 ($26.14), with a volume of 275,511 shares trading hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upped their target price on shares of Wizz Air from GBX 2,150 ($26.56) to GBX 2,250 ($27.79) and gave the company a “neutral” rating in a research note on Tuesday, February 27th.

Wizz Air Stock Performance

The company has a debt-to-equity ratio of 2,493.26, a current ratio of 0.89 and a quick ratio of 0.82. The firm has a market cap of £2.23 billion, a P/E ratio of -483.11, a PEG ratio of -0.30 and a beta of 2.35. The stock’s 50 day moving average is GBX 2,161.26 and its two-hundred day moving average is GBX 2,015.27.

Wizz Air Company Profile

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.