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Wizz Air (LON:WIZZ) Stock Price Down 12.8% - Time to Sell?

Wizz Air logo with Industrials background

Shares of Wizz Air Holdings Plc (LON:WIZZ - Get Free Report) traded down 12.8% during mid-day trading on Thursday . The company traded as low as GBX 1,152 ($14.31) and last traded at GBX 1,196.48 ($14.86). 9,834,868 shares changed hands during mid-day trading, an increase of 493% from the average session volume of 1,657,288 shares. The stock had previously closed at GBX 1,372 ($17.04).

Wizz Air Price Performance

The firm has a market capitalization of £1.34 billion, a P/E ratio of 520.48, a PEG ratio of 0.47 and a beta of 2.28. The business's 50-day simple moving average is GBX 1,376.69 and its 200 day simple moving average is GBX 1,430.88. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 4,303.16.

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.

Further Reading

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