WizzFinancial (LON:FIN) Trading 0.4% Higher – Time to Buy?

Shares of WizzFinancial (LON:FIN) rose 0.4% on Tuesday . The company traded as high as GBX 35.79 ($0.47) and last traded at GBX 35.65 ($0.46). Approximately 79,758 shares traded hands during trading, a decline of 59% from the average daily volume of 193,238 shares. The stock had previously closed at GBX 35.50 ($0.46).

Wall Street Analysts Forecast Growth

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

WizzFinancial Trading Up 0.4 %

The company has a debt-to-equity ratio of 125.31, a current ratio of 1.86 and a quick ratio of 1.02. The firm has a market capitalization of £20.47 million, a P/E ratio of 891.20 and a beta of 1.62. The business’s 50-day moving average is GBX 38.61 and its 200 day moving average is GBX 24.44.

Insider Activity

In related news, insider Gareth Maitland Edwards sold 52,450 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of GBX 38 ($0.49), for a total transaction of £19,931 ($25,945.07). 73.00% of the stock is owned by company insiders.

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.