Wizz Air (OTCMKTS:WZZZY) Upgraded at Zacks Research

Zacks Research upgraded shares of Wizz Air (OTCMKTS:WZZZY) to a hold rating in a report issued on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wizz Air in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Wizz Air Stock Performance

OTCMKTS:WZZZY opened at $5.02 on Tuesday. Wizz Air has a fifty-two week low of $3.33 and a fifty-two week high of $7.00. The firm has a 50-day simple moving average of $4.52 and a two-hundred day simple moving average of $4.27.

Wizz Air Company Profile

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.