Wizz Air Holdings Plc (LON:WIZZ - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,582.15 ($21.13) and traded as high as GBX 1,770 ($23.64). Wizz Air shares last traded at GBX 1,722 ($23.00), with a volume of 827,026 shares traded.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada boosted their price objective on shares of Wizz Air from GBX 2,300 ($30.72) to GBX 2,400 ($32.06) and gave the company an "outperform" rating in a research report on Friday, March 28th.
Read Our Latest Research Report on WIZZ
Wizz Air Trading Down 1.0%
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 has a market capitalization of £2.03 billion, a PE ratio of 6.89, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a fifty day moving average of GBX 1,583.81 and a 200-day moving average of GBX 1,488.25.
Insider Transactions at Wizz Air
In other Wizz Air news, insider Andrew S. Broderick acquired 595 shares of Wizz Air stock in a transaction dated Monday, April 14th. The stock was bought at an average cost of GBX 1,414 ($18.89) per share, with a total value of £8,413.30 ($11,237.21). 25.73% of the stock is currently owned by corporate insiders.
Wizz Air Company Profile
(
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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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