Wise (LON:WISE) Hits New 12-Month High - Still a Buy?

Wise plc (LON:WISE - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,183 ($16.00) and last traded at GBX 1,161.50 ($15.71), with a volume of 21693654 shares changing hands. The stock had previously closed at GBX 1,083 ($14.65).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,240 ($16.77) price objective on shares of Wise in a report on Tuesday, April 15th.

Wise Trading Down 1.5%

The company has a market cap of £11.65 billion, a P/E ratio of 34.56, a PEG ratio of 1.28 and a beta of 0.75. The firm's 50 day moving average is GBX 1,010.46 and its two-hundred day moving average is GBX 1,005.53. The company has a quick ratio of 0.06, a current ratio of 1.06 and a debt-to-equity ratio of 22.88.

Wise (LON:WISE - Get Free Report) last released its quarterly earnings results on Thursday, June 5th. The company reported GBX 40.37 ($0.55) EPS for the quarter. Wise had a return on equity of 41.22% and a net margin of 25.11%. As a group, equities research analysts anticipate that Wise plc will post 37.7347752 EPS for the current year.

About Wise

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.