Wizz Air (LON:WIZZ) Trading Up 14.3% – Should You Buy?

Wizz Air Holdings Plc (LON:WIZZGet Free Report) shot up 14.3% during trading on Thursday . The company traded as high as GBX 1,470 ($18.24) and last traded at GBX 1,453.25 ($18.03). 2,257,501 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 1,208,416 shares. The stock had previously closed at GBX 1,271 ($15.77).

Wizz Air Stock Up 3.2 %

The company has a debt-to-equity ratio of 4,303.16, a current ratio of 0.89 and a quick ratio of 0.82. The stock has a market cap of £1.60 billion, a price-to-earnings ratio of 620.48, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The firm has a 50 day simple moving average of GBX 1,375.27 and a two-hundred day simple moving average of GBX 1,395.01.

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.

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