WizzFinancial (LON:FIN) Stock Price Down 4.3% – Time to Sell?

WizzFinancial (LON:FIN) shares fell 4.3% during trading on Wednesday . The company traded as low as GBX 11.01 and last traded at GBX 11.01. Approximately 15,898 shares were traded during mid-day trading, a decline of 90% from the average session volume of 159,129 shares. The stock had previously closed at GBX 11.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of WizzFinancial in a research note on Thursday, June 4th.

WizzFinancial Stock Performance

The company has a market capitalization of £7.75 million, a price-to-earnings ratio of -5.73 and a beta of 1.45. The stock has a 50-day moving average price of GBX 11.06 and a 200-day moving average price of GBX 11.54. The company has a debt-to-equity ratio of 97.87, a current ratio of 1.48 and a quick ratio of 1.02.

WizzFinancial (LON:FIN) last posted its earnings results on Thursday, June 4th. The company reported GBX (1.92) earnings per share for the quarter. The business had revenue of GBX 1,243 million for the quarter. WizzFinancial had a negative return on equity of 43.85% and a negative net margin of 8.95%.

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.