Wizz Air (LON:WIZZ) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Wizz Air Holdings Plc (LON:WIZZ) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,519.42 ($19.62) and traded as high as GBX 1,698 ($21.92). Wizz Air shares last traded at GBX 1,650 ($21.30), with a volume of 547,533 shares changing hands.

Wizz Air Stock Down 2.8 %

The business’s 50-day simple moving average is GBX 1,519.42 and its 200 day simple moving average is GBX 1,402.54. The firm has a market cap of £2.03 billion, a PE ratio of 6.88, a P/E/G ratio of 0.47 and a beta of 2.28. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,582.50.

Wizz Air Company Profile

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.