Wise (LON:WISE) Hits New 1-Year High - Still a Buy?

Wise plc (LON:WISE - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 1,122 ($14.04) and last traded at GBX 1,116 ($13.96), with a volume of 4697128 shares. The stock had previously closed at GBX 1,096 ($13.71).

Analysts Set New Price Targets

Several research analysts have recently issued reports on WISE shares. Berenberg Bank reiterated a "buy" rating and set a GBX 1,045 ($13.07) price target on shares of Wise in a report on Thursday, November 7th. Citigroup reaffirmed a "sell" rating on shares of Wise in a report on Thursday, December 12th.

Wise Stock Performance

The company's 50-day simple moving average is GBX 912.12 and its 200-day simple moving average is GBX 771.73. The stock has a market capitalization of £11.44 billion, a price-to-earnings ratio of 3,300.00, a PEG ratio of 1.28 and a beta of 0.75. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88.

Wise Company Profile

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.