WizzFinancial (LON:FIN) Trading 7.5% Higher – Should You Buy?

Shares of WizzFinancial (LON:FINGet Free Report) shot up 7.5% on Thursday . The company traded as high as GBX 15.39 and last traded at GBX 15.05. 983,383 shares were traded during trading, an increase of 249% from the average session volume of 281,475 shares. The stock had previously closed at GBX 14.

Wall Street Analyst Weigh In

Separately, Shore Capital initiated coverage on WizzFinancial in a research note on Thursday. They issued a “house stock” rating for the company.

Check Out Our Latest Stock Report on WizzFinancial

WizzFinancial Trading Down 0.6%

The company has a fifty day simple moving average of GBX 15.15 and a two-hundred day simple moving average of GBX 24.61. The company has a market capitalization of £8.93 million, a P/E ratio of 28.00 and a beta of 1.62. The company has a debt-to-equity ratio of 107.77, a current ratio of 1.86 and a quick ratio of 1.02.

WizzFinancial (LON:FINGet Free Report) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX (0.37) EPS for the quarter. WizzFinancial had a net margin of 22.96% and a return on equity of 129.74%.

Insider Transactions at WizzFinancial

In related news, insider Simon Bullock bought 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was acquired at an average price of GBX 15 per share, for a total transaction of £3,750. Also, insider Gareth Maitland Edwards sold 100,000 shares of WizzFinancial stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of GBX 15, for a total value of £15,000. Insiders bought 180,700 shares of company stock valued at $2,803,000 in the last ninety days. 16.73% of the stock is owned by company insiders.

WizzFinancial Company Profile

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WizzFinancial operates as a platform for B2B payments and foreign exchange solutions worldwide. It operates through three segments: Cross-Border Payments & Consumer Solutions, Consumer Foreign Exchange Solutions, and B2B & Payment Technology Solutions. The Cross-Border Payments & Consumer Solutions segment offers cross-border payments services through digital and physical channels.

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