WizzFinancial (LON:FIN) Releases Quarterly Earnings Results

WizzFinancial (LON:FIN) announced its quarterly earnings results on Wednesday. The company reported GBX (2.09) earnings per share for the quarter, Digital Look Earnings reports. WizzFinancial had a negative net margin of 18.79% and a negative return on equity of 111.47%.

WizzFinancial Trading Down 4.0%

FIN stock traded down GBX 0.25 during midday trading on Friday, hitting GBX 6. 27,846 shares of the company’s stock were exchanged, compared to its average volume of 186,610. The business has a 50-day simple moving average of GBX 10.07 and a two-hundred day simple moving average of GBX 10.28. The company has a current ratio of 1.27, a quick ratio of 1.02 and a debt-to-equity ratio of 136.14. The stock has a market capitalization of £4.23 million, a PE ratio of -3.12 and a beta of 1.41. WizzFinancial has a 1-year low of GBX 6 and a 1-year high of GBX 18.75.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed 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.