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Wizz Air (LON:WIZZ) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Wizz Air logo with Industrials background

Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,618.31 ($20.23) and traded as low as GBX 1,502 ($18.77). Wizz Air shares last traded at GBX 1,502 ($18.77), with a volume of 351,115 shares trading hands.

Wizz Air Stock Performance

The company has a market cap of £1.45 billion, a P/E ratio of 565.06, a PEG ratio of 0.47 and a beta of 2.28. The stock has a fifty day moving average price of GBX 1,350.36 and a two-hundred day moving average price of GBX 1,612.80. The company has a debt-to-equity ratio of 4,303.16, a current ratio of 0.89 and a quick ratio of 0.82.

Insiders Place Their Bets

In other news, insider Anthony Radev bought 6,150 shares of the firm's stock in a transaction that occurred on Thursday, September 26th. The stock was acquired at an average price of GBX 1,350 ($16.87) per share, with a total value of £83,025 ($103,768.28). 25.73% of the stock is owned by insiders.

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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