Wizz Air (LON:WIZZ) Stock Price Up 17.8% – Time to Buy?

Wizz Air Holdings Plc (LON:WIZZGet Free Report)’s share price rose 17.8% during mid-day trading on Thursday . The stock traded as high as GBX 1,500 ($18.75) and last traded at GBX 1,497 ($18.71). 2,000,319 shares traded hands during mid-day trading, an increase of 67% from the average session volume of 1,198,524 shares. The stock had previously closed at GBX 1,271 ($15.89).

Wizz Air Trading Up 17.8 %

The business’s fifty day moving average is GBX 1,371.59 and its 200-day moving average is GBX 1,400.20. The company has a debt-to-equity ratio of 4,303.16, a quick ratio of 0.82 and a current ratio of 0.89. The firm has a market cap of £1.55 billion, a P/E ratio of 601.20, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28.

About Wizz Air

(Get Free Report)

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 200 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.

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