Wizz Air (LON:WIZZ) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Wizz Air Holdings Plc (LON:WIZZ)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,367.04 ($17.13) and traded as high as GBX 1,465 ($18.36). Wizz Air shares last traded at GBX 1,465 ($18.36), with a volume of 90,041 shares.

Wizz Air Stock Up 2.2 %

The firm’s 50 day simple moving average is GBX 1,367.04 and its two-hundred day simple moving average is GBX 1,590.35. The firm has a market cap of £1.51 billion, a price-to-earnings ratio of 588.35, a PEG ratio of 0.47 and a beta of 2.28. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 4,303.16.

Wizz Air Company Profile

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 200 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.