Wizz Air (LON:WIZZ) Trading 17.8% Higher – Here’s Why

Shares of Wizz Air Holdings Plc (LON:WIZZGet Free Report) rose 17.8% during mid-day trading on Friday . The company traded as high as GBX 1,500 ($18.65) and last traded at GBX 1,497 ($18.62). Approximately 2,000,319 shares changed hands during mid-day trading, an increase of 67% from the average daily volume of 1,198,524 shares. The stock had previously closed at GBX 1,271 ($15.81).

Wizz Air Trading Up 0.2 %

The business’s 50-day simple moving average is GBX 1,371.59 and its 200-day simple moving average is GBX 1,400.20. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 4,303.16. The company has a market cap of £1.55 billion, a PE ratio of 602.62, a P/E/G ratio of 0.47 and a beta of 2.28.

Wizz Air Company Profile

(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.

Recommended Stories

Receive News & Ratings for Wizz Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wizz Air and related companies with MarketBeat.com's FREE daily email newsletter.