WizzFinancial (LON:FIN) Announces Earnings Results

WizzFinancial (LON:FINGet Free Report) issued its quarterly earnings data on Wednesday. The company reported GBX (2.09) earnings per share for the quarter, Digital Look Earnings reports. WizzFinancial had a negative return on equity of 43.85% and a negative net margin of 8.95%.

WizzFinancial Trading Down 5.5%

FIN opened at GBX 6.38 on Wednesday. WizzFinancial has a twelve month low of GBX 6 and a twelve month high of GBX 18.75. The company has a 50-day simple moving average of GBX 10.48 and a 200 day simple moving average of GBX 10.40. The company has a quick ratio of 1.02, a current ratio of 1.48 and a debt-to-equity ratio of 97.87. The stock has a market capitalization of £4.49 million, a price-to-earnings ratio of -3.32 and a beta of 1.41.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of WizzFinancial in a research note on Tuesday, September 1st.

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About WizzFinancial

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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.

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