WizzFinancial (LON:FIN) Stock Price Down 36.8% – Should You Sell?

WizzFinancial (LON:FIN – Get Free Report)’s share price fell 36.8% during mid-day trading on Tuesday . The stock traded as low as GBX 6.25 and last traded at GBX 6.40. Approximately 2,218,911 shares were traded during mid-day trading, an increase of 1,258% from the average session volume of 163,441 shares. The stock had previously closed at GBX 10.13.

Analyst Ratings Changes

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

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WizzFinancial Price Performance

The company has a current ratio of 1.48, a quick ratio of 1.02 and a debt-to-equity ratio of 97.87. The firm has a market cap of £5.10 million, a price-to-earnings ratio of -3.77 and a beta of 1.42. The stock has a 50-day moving average of GBX 11.52 and a two-hundred day moving average of GBX 10.85.

WizzFinancial (LON:FIN – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX (1.92) earnings per share for the quarter. WizzFinancial had a negative return on equity of 43.85% and a negative net margin of 8.95%.The company had revenue of GBX 1,243 million during the quarter.

WizzFinancial Company Profile

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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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