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

WizzFinancial (LON:FIN) shares dropped 4.3% during trading on Wednesday . The stock traded as low as GBX 11.01 and last traded at GBX 11.01. 15,898 shares traded hands during trading, a decline of 90% from the average daily volume of 159,129 shares. The stock had previously closed at GBX 11.50.

Analyst Upgrades and Downgrades

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

WizzFinancial Stock Down 4.3%

The firm has a fifty day moving average of GBX 11.06 and a 200-day moving average of GBX 11.54. The company has a quick ratio of 1.02, a current ratio of 1.48 and a debt-to-equity ratio of 97.87. The firm has a market cap of £7.75 million, a P/E ratio of -5.73 and a beta of 1.45.

WizzFinancial (LON:FIN) last posted its quarterly earnings results 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.

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.