WizzFinancial (LON:FIN) Trading 13.1% Higher – Here’s Why

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

Analyst Ratings Changes

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

WizzFinancial Stock Down 1.3%

The stock’s 50-day moving average price is GBX 11 and its two-hundred day moving average price is GBX 10.61. The company has a current ratio of 1.48, a quick ratio of 1.02 and a debt-to-equity ratio of 97.87. The stock has a market capitalization of £5.21 million, a P/E ratio of -3.85 and a beta of 1.41.

WizzFinancial Company Profile

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.