Wizz Air (LON:WIZZ) Shares Cross Above Fifty Day Moving Average of $2,161.26

Shares of Wizz Air Holdings Plc (LON:WIZZ) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,161.26 ($26.70) and traded as high as GBX 2,238 ($27.64). Wizz Air shares last traded at GBX 2,116 ($26.14), with a volume of 275,511 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their price target on shares of Wizz Air from GBX 2,150 ($26.56) to GBX 2,250 ($27.79) and gave the company a “neutral” rating in a research note on Tuesday, February 27th.

Wizz Air Stock Up 2.1 %

The company has a market capitalization of £2.23 billion, a price-to-earnings ratio of -483.11, a price-to-earnings-growth ratio of -0.30 and a beta of 2.35. The firm’s 50 day moving average price is GBX 2,161.26 and its two-hundred day moving average price is GBX 2,015.27. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 2,493.26.

Wizz Air Company Profile

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.