WizzFinancial (LON:FIN) Stock Price Up 1.7% – Here’s What Happened

Shares of WizzFinancial (LON:FIN) rose 1.7% during trading on Thursday . The stock traded as high as GBX 9.40 and last traded at GBX 8.75. Approximately 83,249 shares were traded during trading, a decline of 39% from the average daily volume of 136,199 shares. The stock had previously closed at GBX 8.60.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of WizzFinancial in a research report on Thursday, February 5th.

WizzFinancial Stock Performance

The company has a debt-to-equity ratio of 89.79, a quick ratio of 1.02 and a current ratio of 1.66. The company has a market capitalization of £6.16 million, a P/E ratio of 15.91 and a beta of 1.62. The business’s fifty day simple moving average is GBX 9.41 and its 200-day simple moving average is GBX 12.57.

Insider Transactions at WizzFinancial

In other WizzFinancial news, insider Simon Bullock bought 50,000 shares of WizzFinancial stock in a transaction dated Tuesday, April 14th. The shares were purchased at an average cost of GBX 9 per share, for a total transaction of £4,500. Also, insider Andrew Richards purchased 58,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The shares were purchased at an average price of GBX 9 per share, for a total transaction of £5,220. Over the last 90 days, insiders purchased 497,000 shares of company stock worth $4,473,000 and sold 721,921 shares worth $6,215,226. Corporate insiders own 16.28% of the company’s stock.

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.