W.A.G payment solutions (LON:WPS) Shares Up 8.4% – Time to Buy?

Shares of W.A.G payment solutions plc (LON:WPS) shot up 8.4% on Thursday . The stock traded as high as GBX 106 ($1.41) and last traded at GBX 106 ($1.41). 335,789 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 303,619 shares. The stock had previously closed at GBX 97.80 ($1.31).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 120 target price on shares of W.A.G payment solutions in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 120.

W.A.G payment solutions Stock Up 8.4%

The company has a debt-to-equity ratio of 161.47, a quick ratio of 1.28 and a current ratio of 0.97. The firm has a fifty day moving average price of GBX 93.27 and a 200 day moving average price of GBX 77.45. The firm has a market capitalization of £733.72 million, a price-to-earnings ratio of 27,179.49 and a beta of 0.13.

About W.A.G payment solutions

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.