Wizz Air (OTCMKTS:WZZAF) Shares Down 21.1% – What’s Next?

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZAFGet Free Report) dropped 21.1% during mid-day trading on Friday . The company traded as low as $17.35 and last traded at $17.35. Approximately 400 shares were traded during trading, a decline of 51% from the average daily volume of 820 shares. The stock had previously closed at $22.00.

Wizz Air Price Performance

The company’s 50 day simple moving average is $19.99 and its 200 day simple moving average is $18.16.

About Wizz Air

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Wizz Air Holdings Plc, together with its subsidiaries, engages in the provision of passenger air transportation services. The company offers on scheduled short-haul and medium-haul point-to-point routes in Europe, the Middle East, North Africa, and Northwest Asia. As of 31 March 2024, it operated a fleet of 208 aircraft, connecting approximately 200 destinations for 924 routes in 50 countries.

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