Wizz Air (OTCMKTS:WZZAF) Shares Down 0.1% – Here’s What Happened

Wizz Air Holdings Plc (OTCMKTS:WZZAF) shares dropped 0.1% during mid-day trading on Wednesday . The company traded as low as $11.14 and last traded at $11.14. Approximately 500 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 5,900 shares. The stock had previously closed at $11.15.

Wizz Air Stock Down 0.1%

The stock has a fifty day moving average price of $11.77 and a 200-day moving average price of $13.99.

About Wizz Air

Wizz Air Holdings Plc, trading in the United States on the OTC market under the ticker WZZAF, is a Hungary-based ultra low-cost carrier that provides scheduled passenger air transportation services across Europe and selected international destinations. The company’s primary business activity centers on offering no-frills flights at competitive base fares, supplemented by ancillary revenue streams such as baggage fees, seat selection, priority boarding and in-flight refreshments.

Founded in September 2003 by Jozsef Váradi and other aviation industry veterans, Wizz Air commenced operations in May 2004 and has since grown steadily through network expansion, strategic base openings and fleet standardization.