WizzFinancial (LON:FIN) Stock Price Down 5.6%

WizzFinancial (LON:FIN) 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.

WizzFinancial Stock Performance

The company has a market cap of £18.72 million, a P/E ratio of -6.37 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.52 and a debt-to-equity ratio of 179.97. The firm’s 50-day moving average price is GBX 26.01 and its 200-day moving average price is GBX 8.07.

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.