Wise (LON:WISE - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued on Thursday, MarketBeat reports. They currently have a GBX 1,045 ($13.60) price objective on the stock. Berenberg Bank's target price suggests a potential upside of 27.28% from the stock's previous close.
Wise Price Performance
Shares of WISE stock traded up GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 821 ($10.69). 10,907,279 shares of the company traded hands, compared to its average volume of 3,283,880. Wise has a 1-year low of GBX 558 ($7.26) and a 1-year high of GBX 997.50 ($12.98). The firm has a market cap of £8.37 billion, a PE ratio of 2,414.71, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. The firm's 50 day simple moving average is GBX 682.13 and its two-hundred day simple moving average is GBX 726.64. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06.
Insider Activity
In other Wise news, insider Terri Duhon acquired 1,394 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average cost of GBX 717 ($9.33) per share, with a total value of £9,994.98 ($13,010.91). Company insiders own 23.65% of the company's stock.
Wise Company Profile
(
Get Free Report)
Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.
See Also
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