WizzFinancial (LON:FIN) Releases Earnings Results

WizzFinancial (LON:FINGet Free Report) issued its quarterly earnings data on Thursday. The company reported GBX (1.92) earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 1,243 million during the quarter. WizzFinancial had a return on equity of 11.58% and a net margin of 2.75%.

WizzFinancial Stock Down 0.3%

FIN opened at GBX 8.73 on Thursday. WizzFinancial has a twelve month low of GBX 7.85 and a twelve month high of GBX 34.98. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 89.79. The company has a 50-day moving average price of GBX 9.14 and a 200 day moving average price of GBX 12.38. The company has a market cap of £6.15 million, a PE ratio of 15.86 and a beta of 1.62.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of WizzFinancial in a report on Thursday.

Get Our Latest Stock Analysis on FIN

Insider Activity

In related news, insider Bill Newton sold 297,200 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of GBX 9, for a total transaction of £26,748. Also, insider Andrew Richards acquired 58,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were acquired at an average cost of GBX 9 per share, with a total value of £5,220. Over the last 90 days, insiders have acquired 497,000 shares of company stock worth $4,473,000 and have sold 721,921 shares worth $6,215,226. Company insiders own 16.28% of the company’s stock.

WizzFinancial Company Profile

(Get Free Report)

WizzFinancial operates as a platform for B2B payments and foreign exchange solutions worldwide. It operates through three segments: Cross-Border Payments & Consumer Solutions, Consumer Foreign Exchange Solutions, and B2B & Payment Technology Solutions. The Cross-Border Payments & Consumer Solutions segment offers cross-border payments services through digital and physical channels. This segment also provides payroll processing, mobile wallet, bill payment, digital gifting, and consumer advance services.

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