WizzFinancial (LON:FIN) Stock Price Up 0.2% – Time to Buy?

Shares of WizzFinancial (LON:FIN) rose 0.2% during trading on Wednesday . The stock traded as high as GBX 13.27 and last traded at GBX 13.27. 50,825 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 171,320 shares. The stock had previously closed at GBX 13.25.

Analysts Set New Price Targets

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 debt-to-equity ratio of 97.87, a quick ratio of 1.02 and a current ratio of 1.48. The company has a market cap of £9.35 million, a P/E ratio of -6.91 and a beta of 1.45. The firm has a 50 day moving average price of GBX 10.10 and a 200-day moving average price of GBX 11.79.

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

Insider Activity at WizzFinancial

In other news, insider Simon Bullock purchased 50,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were bought at an average price of GBX 9 per share, with a total value of £4,500. Also, insider Bill Newton sold 297,200 shares of the business’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of GBX 9, for a total transaction of £26,748. Over the last 90 days, insiders have acquired 497,000 shares of company stock valued at $4,473,000 and have sold 721,921 shares valued at $6,215,226. 14.15% of the stock is currently owned by company insiders.

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.