Wizz Air (LON:WIZZ) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Wizz Air Holdings Plc (LON:WIZZ) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,618.31 ($20.35) and traded as low as GBX 1,502 ($18.88). Wizz Air shares last traded at GBX 1,502 ($18.88), with a volume of 351,115 shares.

Wizz Air Stock Performance

The company has a debt-to-equity ratio of 4,303.16, a current ratio of 0.89 and a quick ratio of 0.82. The company has a market capitalization of £1.47 billion, a price-to-earnings ratio of 572.29, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The firm has a fifty day simple moving average of GBX 1,347.66 and a 200 day simple moving average of GBX 1,618.31.

Insider Activity

In related news, insider Anthony Radev purchased 6,150 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average cost of GBX 1,350 ($16.97) per share, with a total value of £83,025 ($104,381.44). Insiders own 25.73% of the company’s stock.

Wizz Air Company Profile

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.