Free Trial

Wizz Air (LON:WIZZ) Share Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Wizz Air logo with Industrials background

Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,466.85 ($20.03) and traded as low as GBX 1,059 ($14.46). Wizz Air shares last traded at GBX 1,088 ($14.85), with a volume of 1,160,172 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada lifted their target price on Wizz Air from GBX 2,300 ($31.40) to GBX 2,400 ($32.76) and gave the stock an "outperform" rating in a report on Friday, March 28th.

Read Our Latest Analysis on Wizz Air

Wizz Air Price Performance

The company has a market capitalization of £1.34 billion, a P/E ratio of 4.54, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. 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. The firm's 50-day moving average is GBX 1,418.38 and its 200-day moving average is GBX 1,466.85.

Insider Buying and Selling at Wizz Air

In related news, insider Andrew S. Broderick bought 595 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were bought at an average cost of GBX 1,414 ($19.30) per share, for a total transaction of £8,413.30 ($11,485.73). Also, insider Charlotte Pedersen purchased 750 shares of the business's stock in a transaction on Friday, June 6th. The shares were bought at an average cost of GBX 1,211 ($16.53) per share, with a total value of £9,082.50 ($12,399.32). Insiders have bought a total of 1,445 shares of company stock worth $1,870,280 in the last quarter. Corporate insiders own 25.73% of the company's stock.

About Wizz Air

(Get Free Report)

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Wizz Air Right Now?

Before you consider Wizz Air, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wizz Air wasn't on the list.

While Wizz Air currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines