Wise (LON:WISE) Stock Price Up 2.6%

Wise plc (LON:WISEGet Free Report)’s share price traded up 2.6% during mid-day trading on Wednesday . The stock traded as high as GBX 841.35 ($10.78) and last traded at GBX 833.50 ($10.68). Approximately 1,024,244 shares were traded during mid-day trading, a decline of 13% from the average session volume of 1,176,355 shares. The stock had previously closed at GBX 812.50 ($10.41).

Wall Street Analyst Weigh In

Several research firms have issued reports on WISE. Berenberg Bank restated a “buy” rating and issued a GBX 1,140 ($14.61) price target on shares of Wise in a research report on Wednesday, April 17th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,123 ($14.39) price objective on shares of Wise in a report on Monday, April 22nd. Finally, Royal Bank of Canada reaffirmed a “sell” rating on shares of Wise in a research report on Wednesday, May 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Wise currently has a consensus rating of “Hold” and a consensus target price of GBX 896.20 ($11.48).

View Our Latest Report on WISE

Wise Trading Up 2.6 %

The business has a 50-day moving average price of GBX 835.75 and a two-hundred day moving average price of GBX 847.42. The company has a quick ratio of 0.06, a current ratio of 1.05 and a debt-to-equity ratio of 41.95. The company has a market cap of £8.50 billion, a P/E ratio of 3,969.05, a P/E/G ratio of 1.37 and a beta of 0.72.

Insider Activity

In related news, insider Terri Duhon purchased 308 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were bought at an average price of GBX 811 ($10.39) per share, with a total value of £2,497.88 ($3,200.36). Insiders own 28.61% of the company’s stock.

About Wise

(Get Free Report)

Wise plc provides cross-border money transfer services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. The company's transfer infrastructure includes Wise Account for international people who need to move and manage money across borders; Wise Business for international businesses need; and Wise Platform that allows businesses and banks to offer their own customers international payments.

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