WizzFinancial (LON:FIN) Shares Up 0.4% – Here’s What Happened

Shares of WizzFinancial (LON:FIN) were up 0.4% on Tuesday . The company traded as high as GBX 35.79 ($0.47) and last traded at GBX 35.65 ($0.46). Approximately 79,758 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 193,238 shares. The stock had previously closed at GBX 35.50 ($0.46).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, September 10th.

WizzFinancial Stock Performance

The company has a debt-to-equity ratio of 125.31, a current ratio of 1.86 and a quick ratio of 1.02. The stock has a market cap of £20.47 million, a P/E ratio of 891.20 and a beta of 1.62. The stock has a 50-day simple moving average of GBX 38.61 and a 200-day simple moving average of GBX 24.44.

Insider Activity at WizzFinancial

In related news, insider Gareth Maitland Edwards sold 52,450 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of GBX 38 ($0.49), for a total value of £19,931 ($25,945.07). 73.00% of the stock is currently owned by insiders.

About WizzFinancial

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.