Wise (LON:WISE) Shares Up 3.5% – Should You Buy?

Wise plc (LON:WISE)’s stock price traded up 3.5% on Wednesday . The company traded as high as GBX 919.50 ($11.92) and last traded at GBX 919.50 ($11.92). 1,453,676 shares were traded during trading, a decline of 80% from the average session volume of 7,442,252 shares. The stock had previously closed at GBX 888.50 ($11.52).

Analysts Set New Price Targets

Separately, Citigroup reiterated a “sell” rating on shares of Wise in a research note on Thursday, December 12th.

Wise Trading Up 3.5 %

The firm’s 50-day simple moving average is GBX 1,050.01 and its 200 day simple moving average is GBX 879.73. The stock has a market cap of £9.37 billion, a P/E ratio of 27.80, a PEG ratio of 1.28 and a beta of 0.75. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88.

Wise Company Profile

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.