WizzFinancial (LON:FIN) Trading Up 0.2% – Time to Buy?

WizzFinancial (LON:FIN) rose 0.2% during mid-day trading on Wednesday . The stock traded as high as GBX 13.27 and last traded at GBX 13.27. Approximately 50,825 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 171,320 shares. The stock had previously closed at GBX 13.25.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of WizzFinancial in a research report on Thursday, June 4th.

WizzFinancial Trading Down 1.9%

The company’s 50-day moving average is GBX 10.19 and its 200-day moving average is GBX 11.78. The company has a debt-to-equity ratio of 97.87, a quick ratio of 1.02 and a current ratio of 1.48. The firm has a market cap of £9.16 million, a price-to-earnings ratio of -6.77 and a beta of 1.45.

WizzFinancial (LON:FIN) last announced its earnings results on Thursday, June 4th. The company reported GBX (1.92) earnings per share for the quarter. The company had revenue of GBX 1,243 million during the quarter. WizzFinancial had a negative return on equity of 43.85% and a negative net margin of 8.95%.

Insider Transactions at WizzFinancial

In other news, insider James Hickman acquired 60,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was purchased at an average cost of GBX 9 per share, with a total value of £5,400. Also, insider Andrew Richards bought 58,000 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were acquired at an average price of GBX 9 per share, for a total transaction of £5,220. Over the last 90 days, insiders acquired 497,000 shares of company stock valued at $4,473,000 and sold 721,921 shares valued at $6,215,226. Company insiders own 14.15% of the company’s stock.

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.