WizzFinancial (LON:FIN) Issues Quarterly Earnings Results

WizzFinancial (LON:FIN) posted its quarterly 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 Stock Performance

Shares of FIN traded down GBX 0.25 during trading hours on Wednesday, reaching GBX 6.50. 93,966 shares of the company traded hands, compared to its average volume of 188,280. The company has a quick ratio of 1.02, a current ratio of 1.48 and a debt-to-equity ratio of 97.87. The business has a fifty day moving average price of GBX 10.48 and a 200-day moving average price of GBX 10.40. WizzFinancial has a 12-month low of GBX 6 and a 12-month high of GBX 18.75. The stock has a market capitalization of £4.58 million, a P/E ratio of -3.39 and a beta of 1.41.

Analyst Upgrades and Downgrades

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

WizzFinancial Company Profile

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.