WizzFinancial (LON:FIN) Stock Price Down 11.9% – Here’s What Happened

WizzFinancial (LON:FIN) shares traded down 11.9% on Wednesday . The company traded as low as GBX 11.01 and last traded at GBX 11.01. 140,205 shares were traded during trading, an increase of 24% from the average session volume of 113,343 shares. The stock had previously closed at GBX 12.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of WizzFinancial in a research note on Thursday, February 5th.

WizzFinancial Trading Down 6.0%

The stock has a market cap of £7.00 million, a PE ratio of 21.36 and a beta of 1.62. The company’s 50-day moving average price is GBX 13.99 and its 200 day moving average price is GBX 14.89. The company has a debt-to-equity ratio of 89.79, a quick ratio of 1.02 and a current ratio of 1.66.

About WizzFinancial

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.