Wise (LON:WISE) Trading Down 1.8% - What's Next?

Wise plc (LON:WISE - Get Free Report) fell 1.8% during trading on Monday . The company traded as low as GBX 1,057 ($13.15) and last traded at GBX 1,077 ($13.40). 1,299,163 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 8,328,169 shares. The stock had previously closed at GBX 1,097 ($13.65).

Wall Street Analyst Weigh In

WISE has been the subject of several recent analyst reports. Citigroup restated a "sell" rating on shares of Wise in a research report on Thursday, December 12th. Berenberg Bank restated a "buy" rating and issued a GBX 1,045 ($13.00) price target on shares of Wise in a research note on Thursday, November 7th.

Wise Price Performance

The stock has a market capitalization of £11.16 billion, a P/E ratio of 3,217.65, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. The business's 50 day simple moving average is GBX 996.64 and its two-hundred day simple moving average is GBX 809.54. The company has a quick ratio of 0.06, a current ratio of 1.06 and a debt-to-equity ratio of 22.88.

Wise (LON:WISE - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported GBX 21.12 ($0.26) earnings per share (EPS) for the quarter. Wise had a return on equity of 45.56% and a net margin of 25.11%. As a group, sell-side analysts forecast that Wise plc will post 37.7347752 earnings per share for the current fiscal year.

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.