Wizz Air (OTCMKTS:WZZZY) Stock Price Down 3.9% – Time to Sell?

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) were down 3.9% on Friday . The stock traded as low as $3.33 and last traded at $3.33. Approximately 3,966 shares traded hands during mid-day trading, an increase of 398% from the average daily volume of 797 shares. The stock had previously closed at $3.4650.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Wizz Air from a “hold” rating to a “strong-buy” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Wizz Air Trading Down 3.9%

The firm has a 50-day simple moving average of $4.04 and a 200-day simple moving average of $4.43.

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.