Wizz Air (LON:WIZZ) Trading 17.8% Higher – Here’s Why

Wizz Air Holdings Plc (LON:WIZZGet Free Report)’s share price was up 17.8% on Thursday . The company traded as high as GBX 1,500 ($18.61) and last traded at GBX 1,497 ($18.57). Approximately 2,000,319 shares changed hands during trading, an increase of 67% from the average daily volume of 1,198,524 shares. The stock had previously closed at GBX 1,271 ($15.77).

Wizz Air Stock Performance

The stock has a market cap of £1.60 billion, a price-to-earnings ratio of 620.48, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a debt-to-equity ratio of 4,303.16, a quick ratio of 0.82 and a current ratio of 0.89. The stock’s 50-day simple moving average is GBX 1,380.57 and its two-hundred day simple moving average is GBX 1,390.15.

About Wizz Air

(Get Free Report)

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 200 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.

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