WizzFinancial (LON:FIN) Shares Down 6.7% – Should You Sell?

WizzFinancial (LON:FIN) shares dropped 6.7% during mid-day trading on Wednesday . The company traded as low as GBX 10.50 and last traded at GBX 10.50. Approximately 914 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 153,867 shares. The stock had previously closed at GBX 11.25.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of WizzFinancial in a research note on Thursday, June 4th.

WizzFinancial Stock Performance

The stock has a market cap of £7.69 million, a P/E ratio of -5.69 and a beta of 1.45. The company has a debt-to-equity ratio of 97.87, a current ratio of 1.48 and a quick ratio of 1.02. The company has a fifty day moving average of GBX 11.84 and a 200 day moving average of GBX 11.17.

WizzFinancial (LON:FIN) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX (1.92) earnings per share (EPS) for the quarter. WizzFinancial had a negative net margin of 8.95% and a negative return on equity of 43.85%. The firm had revenue of GBX 1,243 million for the quarter.

WizzFinancial Company Profile

WizzFinancial operates as a platform for B2B payments and foreign exchange solutions worldwide. It operates through three segments: Cross-Border Payments & Consumer Solutions, Consumer Foreign Exchange Solutions, and B2B & Payment Technology Solutions. The Cross-Border Payments & Consumer Solutions segment offers cross-border payments services through digital and physical channels. This segment also provides payroll processing, mobile wallet, bill payment, digital gifting, and consumer advance services.