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Wizz Air (LON:WIZZ) Shares Up 14.3% - Time to Buy?

Wizz Air logo with Industrials background

Wizz Air Holdings Plc (LON:WIZZ - Get Free Report)'s stock price shot up 14.3% during trading on Thursday . The company traded as high as GBX 1,470 ($18.17) and last traded at GBX 1,453.25 ($17.96). 2,257,501 shares traded hands during trading, an increase of 87% from the average session volume of 1,208,416 shares. The stock had previously closed at GBX 1,271 ($15.71).

Wizz Air Trading Up 0.6 %

The company's 50 day simple moving average is GBX 1,380.57 and its two-hundred day simple moving average is GBX 1,377.86. The company has a market capitalization of £1.61 billion, a price-to-earnings ratio of 624.10, a P/E/G ratio of 0.47 and a beta of 2.28. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 4,303.16.

Wizz Air Company Profile

(Get Free Report)

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 200 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.

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