Wise (LON:WISE) Sets New 1-Year High – Time to Buy?

Wise plc (LON:WISE)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 1,066 ($13.34) and last traded at GBX 1,064.85 ($13.32), with a volume of 4391854 shares trading hands. The stock had previously closed at GBX 1,044 ($13.06).

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WISE. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,045 ($13.08) target price on shares of Wise in a research report on Thursday, November 7th. Citigroup reaffirmed a “sell” rating on shares of Wise in a report on Thursday, December 12th.

Wise Price Performance

The business has a 50-day moving average of GBX 884.59 and a two-hundred day moving average of GBX 760.56. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88. The firm has a market cap of £10.93 billion, a P/E ratio of 3,152.94, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75.

Wise Company Profile

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.