Insider Selling: WizzFinancial (LON:FIN) Insider Sells £92,820 in Stock

WizzFinancial (LON:FINGet Free Report) insider Bill Newton sold 238,000 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of GBX 39 ($0.51), for a total transaction of £92,820 ($120,373.49).

WizzFinancial Stock Down 4.1 %

Shares of LON FIN opened at GBX 35 ($0.45) on Thursday. The firm has a market capitalization of £20.10 million, a PE ratio of -6.48 and a beta of 1.59. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 179.97. WizzFinancial has a 1 year low of GBX 29.10 ($0.38) and a 1 year high of GBX 43.73 ($0.57). The firm’s 50-day moving average is GBX 25.30 and its 200-day moving average is GBX 7.78.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, July 9th.

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About WizzFinancial

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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.

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