WizzFinancial (LON:FIN) Releases Earnings Results

WizzFinancial (LON:FIN) announced 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 Stock Down 6.1%

FIN traded down GBX 0.41 on Wednesday, reaching GBX 6.34. The company’s stock had a trading volume of 103,225 shares, compared to its average volume of 188,333. The stock has a market cap of £4.47 million, a price-to-earnings ratio of -3.30 and a beta of 1.41. WizzFinancial has a 1 year low of GBX 6 and a 1 year high of GBX 18.75. The company has a debt-to-equity ratio of 97.87, a current ratio of 1.48 and a quick ratio of 1.02. The business’s 50 day moving average is GBX 10.48 and its 200 day moving average is GBX 10.40.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of WizzFinancial in a research report 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.