Wise (LON:WISE - Get Free Report) announced its earnings results on Thursday. The company reported GBX 40.37 ($0.55) EPS for the quarter, Digital Look Earnings reports. Wise had a net margin of 25.11% and a return on equity of 41.22%.
Wise Stock Up 7.1%
Shares of WISE stock traded up GBX 77 ($1.05) on Thursday, hitting GBX 1,160 ($15.75). The stock had a trading volume of 5,544,175 shares, compared to its average volume of 7,604,559. The business has a 50 day moving average of GBX 1,006.16 and a 200 day moving average of GBX 1,003.32. The stock has a market cap of £11.82 billion, a price-to-earnings ratio of 35.08, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06. Wise has a 12-month low of GBX 558 ($7.58) and a 12-month high of GBX 1,225 ($16.63).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,240 ($16.84) target price on shares of Wise in a report on Tuesday, April 15th.
Read Our Latest Report on WISE
About Wise
(
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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.
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