WizzFinancial (LON:FIN) Posts Earnings Results

WizzFinancial (LON:FIN) posted 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 8.95% and a negative return on equity of 43.85%.

WizzFinancial Stock Performance

Shares of FIN traded down GBX 0.41 during trading hours on Wednesday, hitting GBX 6.34. The company’s stock had a trading volume of 103,225 shares, compared to its average volume of 188,333. The business has a 50 day simple moving average of GBX 10.48 and a two-hundred day simple moving average of GBX 10.40. WizzFinancial has a 52-week low of GBX 6 and a 52-week 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 company has a market cap of £4.47 million, a price-to-earnings ratio of -3.30 and a beta of 1.41.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued 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.