Wizz Air (LON:WIZZ) Stock Price Up 15.2% – What’s Next?

Wizz Air Holdings Plc (LON:WIZZ)’s stock price shot up 15.2% on Wednesday . The stock traded as high as GBX 1,675 ($21.43) and last traded at GBX 1,675 ($21.43). 956,352 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 989,593 shares. The stock had previously closed at GBX 1,454 ($18.60).

Wizz Air Stock Performance

The company has a market capitalization of £2.06 billion, a PE ratio of 6.98, a P/E/G ratio of 0.47 and a beta of 2.28. The stock’s 50-day simple moving average is GBX 1,444.13 and its 200 day simple moving average is GBX 1,367.05. The company has a debt-to-equity ratio of 1,582.50, a quick ratio of 0.82 and a current ratio of 0.98.

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.