WizzFinancial (LON:FIN) Stock Price Up 1.7% – Here’s What Happened

WizzFinancial (LON:FIN)’s stock price traded up 1.7% during trading on Thursday . The stock traded as high as GBX 9.40 and last traded at GBX 8.75. 83,249 shares changed hands during trading, a decline of 39% from the average session volume of 136,199 shares. The stock had previously closed at GBX 8.60.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of WizzFinancial in a report on Thursday, February 5th.

WizzFinancial Price Performance

The firm’s 50-day moving average price is GBX 9.41 and its two-hundred day moving average price is GBX 12.57. The stock has a market cap of £6.16 million, a PE ratio of 15.91 and a beta of 1.62. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 89.79.

Insider Transactions at WizzFinancial

In other WizzFinancial news, insider James Hickman purchased 60,000 shares of the stock in a transaction dated Tuesday, April 14th. The stock was purchased at an average price of GBX 9 per share, with a total value of £5,400. Also, insider Andrew Richards purchased 58,000 shares of the stock in a transaction dated Tuesday, April 14th. The stock was acquired at an average cost of GBX 9 per share, with a total value of £5,220. In the last three months, insiders have bought 497,000 shares of company stock worth $4,473,000 and have sold 721,921 shares worth $6,215,226. 16.28% of the stock is currently owned by company insiders.

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. This segment also provides payroll processing, mobile wallet, bill payment, digital gifting, and consumer advance services.