Wizz Air (LON:WIZZ) Stock Passes Above Fifty Day Moving Average – What’s Next?

by · The Cerbat Gem

Wizz Air Holdings Plc (LON:WIZZ – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,424.83 ($18.00) and traded as high as GBX 1,574 ($19.89). Wizz Air shares last traded at GBX 1,494 ($18.88), with a volume of 353,308 shares traded.

Wizz Air Price Performance

The company has a 50-day moving average of GBX 1,425.89 and a two-hundred day moving average of GBX 1,359.65. The stock has a market capitalization of £1.87 billion, a PE ratio of 6.32, a P/E/G ratio of 0.47 and a beta of 2.28. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82.

About Wizz Air

(Get Free Report)

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 200 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.

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