WizzFinancial (LON:FIN) Shares Up 0.4% – Still a Buy?

WizzFinancial (LON:FIN)’s share price rose 0.4% during mid-day trading on Tuesday . The company traded as high as GBX 35.79 ($0.47) and last traded at GBX 35.65 ($0.46). Approximately 79,758 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 193,238 shares. The stock had previously closed at GBX 35.50 ($0.46).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, September 10th.

WizzFinancial Price Performance

The company has a market capitalization of £20.38 million, a price-to-earnings ratio of 880.63 and a beta of 1.62. The company has a fifty day simple moving average of GBX 38.50 and a two-hundred day simple moving average of GBX 24.66. The company has a debt-to-equity ratio of 125.31, a quick ratio of 1.02 and a current ratio of 1.86.

Insider Activity at WizzFinancial

In other WizzFinancial news, insider Gareth Maitland Edwards sold 52,450 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of GBX 38 ($0.49), for a total value of £19,931 ($25,945.07). Insiders own 73.00% of the company’s stock.

About WizzFinancial

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.