WizzFinancial (LON:FIN) Stock Jumps 11.3% – What’s Next?

WizzFinancial (LON:FIN – Get Free Report) shot up 11.3% during trading on Wednesday. The company traded as high as GBX 6.40 and last traded at GBX 6.40. Approximately 345,533 shares traded hands during trading, an increase of 96% from the average session volume of 175,915 shares. The stock had previously closed at GBX 5.75.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on WizzFinancial

WizzFinancial Trading Up 1.9%

The business’s 50-day simple moving average is GBX 6.67 and its 200-day simple moving average is GBX 10.24. The company has a market cap of £4.49 million, a PE ratio of -1.75 and a beta of 1.41. The company has a current ratio of 1.27, a quick ratio of 1.02 and a debt-to-equity ratio of 136.14.

WizzFinancial (LON:FIN – Get Free Report) last posted its quarterly earnings results on Wednesday, September 16th. The company reported GBX (2.09) earnings per share for the quarter. WizzFinancial had a negative return on equity of 111.47% and a negative net margin of 18.79%.

WizzFinancial Company Profile

(Get Free Report)

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.

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