W.A.G payment solutions (LON:WPS) Trading Up 8.4% – Should You Buy?

W.A.G payment solutions plc (LON:WPS) shot up 8.4% during trading on Monday . The stock traded as high as GBX 106 and last traded at GBX 106. 335,789 shares traded 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.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 120 price target on shares of W.A.G payment solutions in a research report on Thursday, September 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 120.

W.A.G payment solutions Trading Up 8.4%

The company has a market capitalization of £733.72 million, a P/E ratio of 27,179.49 and a beta of 0.13. The stock’s 50 day moving average is GBX 105.41 and its 200-day moving average is GBX 87.84. The company has a debt-to-equity ratio of 161.47, a current ratio of 0.97 and a quick ratio of 1.28.

W.A.G payment solutions Company Profile

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.