WizzFinancial (LON:FIN) Shares Up 0.3% – Still a Buy?

WizzFinancial (LON:FIN)’s share price was up 0.3% on Monday . The company traded as high as GBX 38.80 ($0.51) and last traded at GBX 38.76 ($0.51). Approximately 281,553 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 202,353 shares. The stock had previously closed at GBX 38.65 ($0.50).

Wall Street Analyst Weigh In

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

WizzFinancial Price Performance

The stock has a 50-day moving average price of GBX 38.23 and a two-hundred day moving average price of GBX 20.38. The company has a current ratio of 1.86, a quick ratio of 1.02 and a debt-to-equity ratio of 125.31. The stock has a market cap of £22.26 million, a price-to-earnings ratio of 969.00 and a beta of 1.62.

Insider Buying and Selling

In related news, insider Gareth Maitland Edwards sold 52,450 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of GBX 38 ($0.50), for a total value of £19,931 ($26,026.38). Corporate 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.