WizzFinancial (LON:FIN – Get Free Report) shares dropped 5.6% on Monday . The stock traded as low as GBX 33 ($0.43) and last traded at GBX 34 ($0.44). Approximately 540,347 shares were traded during mid-day trading, an increase of 117% from the average daily volume of 249,262 shares. The stock had previously closed at GBX 36 ($0.47).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, July 9th.
Read Our Latest Research Report on FIN
WizzFinancial Stock Performance
Insider Activity at WizzFinancial
In related news, insider Bill Newton sold 238,000 shares of the business’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of GBX 39 ($0.50), for a total transaction of £92,820 ($120,046.56). 63.30% of the stock is owned by company insiders.
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.
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