Wise plc (LON:WISE) Insider Buys £9,994.98 in Stock

Wise plc (LON:WISE) insider Terri Duhon purchased 1,394 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were purchased at an average price of GBX 717 ($9.46) per share, for a total transaction of £9,994.98 ($13,180.77).

Wise Stock Up 0.4 %

WISE stock opened at GBX 704.50 ($9.29) on Friday. The company has a market cap of £7.19 billion, a P/E ratio of 2,072.06, a P/E/G ratio of 1.28 and a beta of 0.77. Wise plc has a 52 week low of GBX 558 ($7.36) and a 52 week high of GBX 997.50 ($13.15). The company’s 50-day moving average price is GBX 716.76 and its 200 day moving average price is GBX 801.93. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88.

Analyst Upgrades and Downgrades

WISE has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated a “sell” rating on shares of Wise in a research note on Wednesday, May 15th. Citigroup reissued a “sell” rating and set a GBX 660 ($8.70) price objective on shares of Wise in a report on Monday, June 24th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 1,045 ($13.78) price objective on shares of Wise in a report on Thursday, July 11th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat, Wise currently has an average rating of “Hold” and an average target price of GBX 952.75 ($12.56).

About Wise

Wise plc provides cross-border money transfer services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. The company's transfer infrastructure includes Wise Account for international people who need to move and manage money across borders; Wise Business for international businesses need; and Wise Platform that allows businesses and banks to offer their own customers international payments.