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Wizz Air (LON:WIZZ) Stock Price Up 7.6% - Here's Why

Wizz Air logo with Industrials background

Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) were up 7.6% on Thursday . The stock traded as high as GBX 1,745.74 ($21.97) and last traded at GBX 1,713 ($21.56). Approximately 8,589,648 shares traded hands during mid-day trading, an increase of 503% from the average daily volume of 1,423,910 shares. The stock had previously closed at GBX 1,592 ($20.04).

Wizz Air Stock Performance

The company has a market capitalization of £2.05 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The firm has a 50 day moving average price of GBX 1,413.33 and a two-hundred day moving average price of GBX 1,368.82. The company has a debt-to-equity ratio of 1,582.50, a quick ratio of 0.82 and a current ratio of 0.98.

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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