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Wizz Air (LON:WIZZ) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Wizz Air logo with Industrials background

Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,293.57 ($16.84) and traded as high as GBX 1,437.20 ($18.71). Wizz Air shares last traded at GBX 1,376 ($17.91), with a volume of 1,155,852 shares.

Wizz Air Price Performance

The stock's 50-day moving average is GBX 1,293.57 and its two-hundred day moving average is GBX 1,761.83. The company has a market capitalization of £1.57 billion, a PE ratio of 600.40, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 4,303.16.

Insider Buying and Selling

In other Wizz Air news, insider Anthony Radev acquired 6,150 shares of the business's stock in a transaction on Thursday, September 26th. The shares were bought at an average price of GBX 1,350 ($17.57) per share, with a total value of £83,025 ($108,077.32). 25.73% of the stock is owned by corporate insiders.

Wizz Air Company Profile

(Get Free Report)

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.

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