Jozsef Varadi Purchases 10,000 Shares of Wizz Air Holdings Plc (LON:WIZZ) Stock

Wizz Air Holdings Plc (LON:WIZZ) insider Jozsef Varadi acquired 10,000 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average cost of GBX 1,409 ($18.01) per share, for a total transaction of £140,900 ($180,063.90).

Wizz Air Price Performance

Wizz Air stock opened at GBX 1,449 ($18.52) on Wednesday. The stock has a market cap of £1.50 billion, a PE ratio of -334.28, a P/E/G ratio of -0.30 and a beta of 2.31. The company has a debt-to-equity ratio of 2,493.26, a current ratio of 0.89 and a quick ratio of 0.82. The stock’s fifty day moving average is GBX 2,170.37 and its two-hundred day moving average is GBX 2,147.64. Wizz Air Holdings Plc has a 1-year low of GBX 1,380 ($17.64) and a 1-year high of GBX 2,548 ($32.56).

Wall Street Analyst Weigh In

Several brokerages have weighed in on WIZZ. Royal Bank of Canada restated an “outperform” rating and set a GBX 3,300 ($42.17) price target on shares of Wizz Air in a report on Thursday, July 4th. JPMorgan Chase & Co. decreased their price target on shares of Wizz Air from GBX 2,250 ($28.75) to GBX 2,150 ($27.48) and set a “neutral” rating for the company in a research note on Wednesday, May 8th.

About Wizz Air

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.