Wise (LON:WISE) Hits New 12-Month High - What's Next?

Wise plc (LON:WISE - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as GBX 1,052 ($13.19) and last traded at GBX 1,047.45 ($13.13), with a volume of 4489894 shares trading hands. The stock had previously closed at GBX 1,036.43 ($12.99).

Analyst Upgrades and Downgrades

WISE has been the subject of a number of recent research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,045 ($13.10) price objective on shares of Wise in a report on Thursday, November 7th. Citigroup reaffirmed a "sell" rating on shares of Wise in a research report on Thursday, December 12th.

Wise Trading Up 0.8 %

The stock has a market capitalization of £10.66 billion, a price-to-earnings ratio of 3,073.53, a P/E/G ratio of 1.28 and a beta of 0.75. The company has a quick ratio of 0.06, a current ratio of 1.06 and a debt-to-equity ratio of 22.88. The company has a fifty day moving average of GBX 834.69 and a two-hundred day moving average of GBX 748.51.

About Wise

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.