Wise plc (LON:WISE) Insider Clare Gilmartin Sells 48,360 Shares of Stock

Wise plc (LON:WISE) insider Clare Gilmartin sold 48,360 shares of the business’s stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of GBX 1,058 ($14.52), for a total value of £511,648.80 ($702,139.15).

Wise Stock Down 0.9%

Shares of Wise stock opened at GBX 1,068 ($14.66) on Friday. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06. The stock has a market cap of £10.89 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 1.28 and a beta of 0.75. The firm’s 50-day moving average is GBX 1,051.35 and its two-hundred day moving average is GBX 1,024.33. Wise plc has a 1 year low of GBX 558 ($7.66) and a 1 year high of GBX 1,225 ($16.81).

Wise (LON:WISE) last announced its quarterly earnings results on Thursday, June 5th. The company reported GBX 40.37 ($0.55) earnings per share for the quarter. Wise had a net margin of 25.11% and a return on equity of 41.22%. As a group, research analysts expect that Wise plc will post 37.7347752 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,240 ($17.02) price target on shares of Wise in a research report on Tuesday, April 15th.

Wise Company Profile

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.