Royal Bank of Canada Downgrades Wizz Air (OTCMKTS:WZZZY) to Hold

Wizz Air (OTCMKTS:WZZZY) was downgraded by equities researchers at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Citigroup restated a “sell” rating on shares of Wizz Air in a report on Wednesday, April 2nd.

Wizz Air Stock Performance

Shares of OTCMKTS WZZZY opened at $3.82 on Thursday. The business has a 50-day moving average of $5.24 and a 200-day moving average of $4.83. Wizz Air has a fifty-two week low of $3.49 and a fifty-two week high of $8.00.

About Wizz Air

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.