Wizz Air (LON:WIZZ) Stock Passes Above 50 Day Moving Average of $2,173.52

Wizz Air Holdings Plc (LON:WIZZ)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2,173.52 ($27.30) and traded as high as GBX 2,292 ($28.79). Wizz Air shares last traded at GBX 2,240 ($28.14), with a volume of 146,002 shares trading hands.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their target price on shares of Wizz Air from GBX 2,150 ($27.01) to GBX 2,250 ($28.26) and gave the company a “neutral” rating in a research note on Tuesday, February 27th.

Wizz Air Trading Down 0.4 %

The company has a market capitalization of £2.32 billion, a P/E ratio of -511.42, a PEG ratio of -0.30 and a beta of 2.35. The business has a 50 day moving average price of GBX 2,173.52 and a 200 day moving average price of GBX 2,036.32. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 2,493.26.

Wizz Air Company Profile

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.