Shore Capital Reaffirms “House Stock” Rating for WizzFinancial (LON:FIN)

Shore Capital restated their house stock rating on shares of WizzFinancial (LON:FIN) in a research note issued to investors on Tuesday morning, Marketbeat.com reports.

WizzFinancial Price Performance

WizzFinancial stock opened at GBX 40.10 ($0.52) on Tuesday. The business’s 50-day simple moving average is GBX 36.94 and its 200 day simple moving average is GBX 15.24. The stock has a market cap of £23.03 million, a price-to-earnings ratio of 1,002.50 and a beta of 1.63. WizzFinancial has a 12-month low of GBX 29.10 ($0.38) and a 12-month high of GBX 44 ($0.58). The company has a quick ratio of 1.02, a current ratio of 1.52 and a debt-to-equity ratio of 179.97.

Insider Activity at WizzFinancial

In related news, insider Bill Newton sold 238,000 shares of the firm’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of GBX 39 ($0.51), for a total value of £92,820 ($121,380.93). 73.00% of the stock is owned by company 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.