Wizz Air Holdings Plc (LON:WIZZ) Insider Acquires £140,900 in Stock

Wizz Air Holdings Plc (LON:WIZZ) insider Jozsef Varadi bought 10,000 shares of the stock in a transaction dated Friday, August 2nd. The stock was acquired at an average price of GBX 1,409 ($18.01) per share, with a total value of £140,900 ($180,063.90).

Wizz Air Price Performance

Wizz Air stock opened at GBX 1,449 ($18.52) on Wednesday. The firm has a market capitalization of £1.50 billion, a P/E ratio of -334.28, a PEG ratio of -0.30 and a beta of 2.31. The business has a 50-day moving average of GBX 2,170.37 and a 200-day moving average of GBX 2,147.64. 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. Wizz Air Holdings Plc has a 1 year low of GBX 1,380 ($17.64) and a 1 year high of GBX 2,548 ($32.56).

Analysts Set New Price Targets

WIZZ has been the subject of several research reports. Royal Bank of Canada restated an “outperform” rating and issued a GBX 3,300 ($42.17) price objective on shares of Wizz Air in a research report on Thursday, July 4th. JPMorgan Chase & Co. cut their price target on Wizz Air from GBX 2,250 ($28.75) to GBX 2,150 ($27.48) and set a “neutral” rating on the stock in a research note on Wednesday, May 8th.

Wizz Air Company Profile

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.