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Wizz Air (LON:WIZZ) Shares Up 17.8% - Time to Buy?

Wizz Air logo with Industrials background

Wizz Air Holdings Plc (LON:WIZZ - Get Free Report)'s share price rose 17.8% during mid-day trading on Thursday . The stock traded as high as GBX 1,500 ($18.54) and last traded at GBX 1,497 ($18.50). 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 ($15.71).

Wizz Air Price Performance

The company's 50 day simple moving average is GBX 1,380.57 and its 200-day simple moving average is GBX 1,377.86. 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. The company has a market capitalization of £1.61 billion, a price-to-earnings ratio of 624.10, a PEG ratio of 0.47 and a beta of 2.28.

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.

Further Reading

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