WizzFinancial (LON:FIN) Shares Climb 1.9% – Here’s What Happened

WizzFinancial (LON:FIN)’s stock price rose 1.9% during mid-day trading on Wednesday. The company traded as high as GBX 5.50 and last traded at GBX 5.35. 4,858 shares traded hands during trading, a decline of 97% from the average session volume of 181,832 shares. The stock had previously closed at GBX 5.25.

Analysts Set New Price Targets

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

WizzFinancial Trading Up 1.9%

The company has a quick ratio of 1.02, a current ratio of 1.27 and a debt-to-equity ratio of 136.14. The firm’s fifty day moving average is GBX 8.44 and its two-hundred day moving average is GBX 9.63. The firm has a market cap of £3.77 million, a P/E ratio of -1.47 and a beta of 1.41.

WizzFinancial (LON:FIN) last issued its quarterly earnings data on Wednesday, September 16th. The company reported GBX (2.09) EPS for the quarter. WizzFinancial had a negative return on equity of 111.47% and a negative net margin of 18.79%.

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.