Wizz Air (OTCMKTS:WZZZY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Wizz Air (OTCMKTS:WZZZY) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wizz Air in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Wizz Air has a consensus rating of “Hold”.

Wizz Air Stock Up 7.8%

WZZZY opened at $5.02 on Tuesday. The company has a fifty day moving average of $4.49 and a 200 day moving average of $4.26. Wizz Air has a fifty-two week low of $3.33 and a fifty-two week high of $7.00.

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.