WizzFinancial (LON:FIN) Issues Earnings Results

WizzFinancial (LON:FIN) posted its earnings results on Wednesday. The company reported GBX (2.09) EPS for the quarter, Digital Look Earnings reports. WizzFinancial had a negative net margin of 8.95% and a negative return on equity of 43.85%.

WizzFinancial Trading Down 6.1%

Shares of LON:FIN traded down GBX 0.41 during mid-day trading on Wednesday, hitting GBX 6.34. The stock had a trading volume of 103,225 shares, compared to its average volume of 188,333. The company has a debt-to-equity ratio of 97.87, a quick ratio of 1.02 and a current ratio of 1.48. The company has a market cap of £4.47 million, a PE ratio of -3.30 and a beta of 1.41. WizzFinancial has a 12-month low of GBX 6 and a 12-month high of GBX 18.75. The company’s 50 day moving average is GBX 10.48 and its 200-day moving average is GBX 10.40.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, September 1st.

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. This segment also provides payroll processing, mobile wallet, bill payment, digital gifting, and consumer advance services.