Wise (LON:WISE) Shares Up 0.6% - Still a Buy?

Wise plc (LON:WISE - Get Free Report) shares shot up 0.6% on Thursday . The stock traded as high as GBX 1,100.22 ($14.90) and last traded at GBX 1,091 ($14.78). 2,072,385 shares were traded during trading, a decline of 74% from the average session volume of 7,860,876 shares. The stock had previously closed at GBX 1,084 ($14.68).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,240 ($16.80) price objective on shares of Wise in a research note on Tuesday, April 15th.

Wise Stock Performance

The stock has a market cap of £11.08 billion, a price-to-earnings ratio of 32.87, a PEG ratio of 1.28 and a beta of 0.75. The company's 50 day simple moving average is GBX 1,001.17 and its 200 day simple moving average is GBX 1,002.25. The company has a debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06.

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.