Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) were down 27.7% during trading on Thursday . The stock traded as low as GBX 1,195 ($16.23) and last traded at GBX 1,209.48 ($16.42). Approximately 6,614,458 shares traded hands during mid-day trading, an increase of 521% from the average daily volume of 1,065,937 shares. The stock had previously closed at GBX 1,674 ($22.73).
Analyst Ratings Changes
Separately, Royal Bank of Canada boosted their price objective on shares of Wizz Air from GBX 2,300 ($31.23) to GBX 2,400 ($32.59) and gave the company an "outperform" rating in a research note on Friday, March 28th.
Get Our Latest Report on Wizz Air
Wizz Air Trading Down 27.7%
The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,582.50. The stock has a market cap of £1.49 billion, a P/E ratio of 5.04, a PEG ratio of 0.47 and a beta of 2.28. The firm's 50-day simple moving average is GBX 1,564.41 and its 200 day simple moving average is GBX 1,503.27.
Insider Activity at Wizz Air
In other Wizz Air news, insider Andrew S. Broderick purchased 595 shares of the company's stock in a transaction dated Monday, April 14th. The shares were bought at an average price of GBX 1,414 ($19.20) per share, for a total transaction of £8,413.30 ($11,424.90). Company 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.
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