WizzFinancial (LON:FIN) Posts Earnings Results

WizzFinancial (LON:FIN) announced 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 net margin of 8.95% and a negative return on equity of 43.85%.

WizzFinancial Stock Down 5.9%

Shares of LON:FIN opened at GBX 6.35 on Wednesday. WizzFinancial has a fifty-two week low of GBX 6 and a fifty-two week high of GBX 18.75. The firm’s 50 day moving average price is GBX 10.48 and its 200 day moving average price is 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 cap of £4.47 million, a price-to-earnings ratio of -3.31 and a beta of 1.41.

Analysts Set New Price Targets

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

About WizzFinancial

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.