Wizz Air (LON:WIZZ) Stock Passes Above 50 Day Moving Average of $2,161.26

Wizz Air Holdings Plc (LON:WIZZ) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,161.26 ($26.70) and traded as high as GBX 2,238 ($27.64). Wizz Air shares last traded at GBX 2,116 ($26.14), with a volume of 275,511 shares.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lifted their price target on Wizz Air from GBX 2,150 ($26.56) to GBX 2,250 ($27.79) and gave the stock a “neutral” rating in a report on Tuesday, February 27th.

Wizz Air Trading Up 3.9 %

The company has a 50 day simple moving average of GBX 2,163.94 and a 200 day simple moving average of GBX 2,017.95. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 2,493.26. The stock has a market capitalization of £2.27 billion, a PE ratio of -501.83, a P/E/G ratio of -0.30 and a beta of 2.35.

About Wizz Air

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.