Wise (LON:WISE) Announces Quarterly Earnings Results

Wise (LON:WISEGet Free Report) released its earnings results on Thursday. The company reported GBX 40.37 ($0.55) EPS for the quarter, Digital Look Earnings reports. Wise had a return on equity of 41.22% and a net margin of 25.11%.

Wise Stock Up 6.3%

Shares of LON WISE opened at GBX 1,151 ($15.60) on Thursday. The firm’s 50-day moving average is GBX 1,006.16 and its 200-day moving average is GBX 1,003.32. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88. The firm has a market capitalization of £11.73 billion, a PE ratio of 34.80, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. Wise has a 1 year low of GBX 558 ($7.56) and a 1 year high of GBX 1,225 ($16.60).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,240 ($16.80) price target on shares of Wise in a research note on Tuesday, April 15th.

Get Our Latest Stock Analysis on WISE

About Wise

(Get Free Report)

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.

Featured Stories

Receive News & Ratings for Wise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wise and related companies with MarketBeat.com's FREE daily email newsletter.