WizzFinancial (LON:FIN) Trading Up 13.1% – Time to Buy?

WizzFinancial (LON:FIN)’s stock price was up 13.1% during mid-day trading on Tuesday . The company traded as high as GBX 7.92 and last traded at GBX 7.92. Approximately 763,401 shares were traded during mid-day trading, an increase of 302% from the average session volume of 189,995 shares. The stock had previously closed at GBX 7.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of WizzFinancial in a research report on Tuesday, September 1st.

WizzFinancial Stock Performance

The firm has a market cap of £5.58 million, a price-to-earnings ratio of -4.12 and a beta of 1.41. The company has a debt-to-equity ratio of 97.87, a current ratio of 1.48 and a quick ratio of 1.02. The firm has a fifty day simple moving average of GBX 11.22 and a two-hundred day simple moving average of GBX 10.71.

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