Wizz Air (OTCMKTS:WZZZY) Shares Up 1.1% – Should You Buy?

Wizz Air Holdings Plc (OTCMKTS:WZZZY)’s stock price was up 1.1% on Thursday . The stock traded as high as $4.72 and last traded at $4.72. Approximately 200 shares changed hands during trading, a decline of 75% from the average daily volume of 788 shares. The stock had previously closed at $4.67.

Analyst Upgrades and Downgrades

WZZZY has been the topic of several recent analyst reports. Zacks Research raised Wizz Air to a “hold” rating in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wizz Air in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Wizz Air has an average rating of “Hold”.

Wizz Air Price Performance

The business has a 50 day moving average of $4.82 and a 200 day moving average of $4.34.

Wizz Air Company Profile

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.