WizzFinancial (LON:FIN) Trading Down 1% – Here’s Why

WizzFinancial (LON:FIN) traded down 1% during mid-day trading on Wednesday . The company traded as low as GBX 34.15 ($0.43) and last traded at GBX 34.15 ($0.43). 48,115 shares changed hands during trading, a decline of 73% from the average session volume of 177,254 shares. The stock had previously closed at GBX 34.50 ($0.43).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of WizzFinancial in a research report on Tuesday, September 10th.

WizzFinancial Trading Down 1.0 %

The stock has a 50-day simple moving average of GBX 35.28 and a two-hundred day simple moving average of GBX 33.79. The company has a debt-to-equity ratio of 125.31, a quick ratio of 1.02 and a current ratio of 1.86. The firm has a market cap of £19.61 million, a PE ratio of 853.75 and a beta of 1.62.

WizzFinancial Company Profile

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.