Wizz Air (LON:WIZZ) Trading 7.6% Higher – Here’s Why

Wizz Air Holdings Plc (LON:WIZZGet Free Report)’s share price traded up 7.6% on Thursday . The company traded as high as GBX 1,745.74 ($21.97) and last traded at GBX 1,713 ($21.56). 8,589,648 shares traded hands during trading, an increase of 503% from the average session volume of 1,423,910 shares. The stock had previously closed at GBX 1,592 ($20.04).

Wizz Air Stock Performance

The business has a fifty day simple moving average of GBX 1,405.87 and a two-hundred day simple moving average of GBX 1,375.05. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82. The company has a market cap of £2.05 billion, a PE ratio of 6.96, a price-to-earnings-growth 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.

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