Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,564.29 ($21.02) and traded as high as GBX 1,685 ($22.64). Wizz Air shares last traded at GBX 1,620 ($21.77), with a volume of 661,409 shares trading hands.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada lifted their price target on Wizz Air from GBX 2,300 ($30.90) to GBX 2,400 ($32.25) and gave the company an "outperform" rating in a research report on Friday, March 28th.
Check Out Our Latest Research Report on Wizz Air
Wizz Air Trading Up 0.6 %
The firm has a market capitalization of £2.03 billion, a PE ratio of 6.88, a P/E/G ratio of 0.47 and a beta of 2.28. The company's fifty day simple moving average is GBX 1,564.44 and its 200-day simple moving average is GBX 1,446.51. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82.
Insider Buying and Selling at Wizz Air
In other Wizz Air news, insider Andrew S. Broderick acquired 595 shares of the company's stock in a transaction that occurred on Monday, April 14th. The stock was bought at an average price of GBX 1,414 ($19.00) per share, with a total value of £8,413.30 ($11,303.64). Insiders own 25.73% of the company's stock.
About Wizz Air
(
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Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.
Further Reading
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