Wizz Air (OTCMKTS:WZZZY) Trading Down 3.9% – Should You Sell?

Wizz Air Holdings Plc (OTCMKTS:WZZZY) was down 3.9% on Friday . The stock traded as low as $3.33 and last traded at $3.33. Approximately 3,966 shares traded hands during mid-day trading, an increase of 398% from the average daily volume of 797 shares. The stock had previously closed at $3.4650.

Analysts Set New Price Targets

Separately, Barclays raised Wizz Air from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Wizz Air Price Performance

The stock’s 50 day simple moving average is $4.04 and its 200 day simple moving average is $4.43.

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.