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Wizz Air (LON:WIZZ) Shares Up 17.8% - Here's Why

Wizz Air logo with Industrials background

Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) rose 17.8% on Friday . The stock traded as high as GBX 1,500 ($18.59) and last traded at GBX 1,497 ($18.55). Approximately 2,000,319 shares changed hands during trading, an increase of 67% from the average daily volume of 1,198,524 shares. The stock had previously closed at GBX 1,271 ($15.75).

Wizz Air Trading Up 0.6 %

The company has a debt-to-equity ratio of 4,303.16, a quick ratio of 0.82 and a current ratio of 0.89. The firm 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 50 day moving average price of GBX 1,380.57 and a two-hundred day moving average price of GBX 1,377.86.

About Wizz Air

(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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