WizzFinancial (LON:FIN) Posts Earnings Results

WizzFinancial (LON:FIN) posted its earnings results on Wednesday. The company reported GBX (2.09) earnings per share for the quarter, Digital Look Earnings reports. WizzFinancial had a negative net margin of 18.79% and a negative return on equity of 111.47%.

WizzFinancial Stock Performance

Shares of FIN traded down GBX 0.25 during mid-day trading on Friday, hitting GBX 6. 27,846 shares of the company’s stock were exchanged, compared to its average volume of 186,610. The company has a current ratio of 1.27, a quick ratio of 1.02 and a debt-to-equity ratio of 136.14. WizzFinancial has a fifty-two week low of GBX 6 and a fifty-two week high of GBX 18.75. The business’s 50 day moving average is GBX 10.21 and its two-hundred day moving average is GBX 10.31. The firm has a market capitalization of £4.23 million, a P/E ratio of -3.12 and a beta of 1.41.

Wall Street Analyst Weigh In

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

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.