Wizz Air (LON:WIZZ) Trading Up 14.3% – Here’s Why

Wizz Air Holdings Plc (LON:WIZZGet Free Report)’s share price shot up 14.3% during trading on Thursday . The stock traded as high as GBX 1,470 ($18.38) and last traded at GBX 1,453.25 ($18.17). 2,257,501 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 1,208,416 shares. The stock had previously closed at GBX 1,271 ($15.89).

Wizz Air Trading Up 17.8 %

The firm has a market cap of £1.55 billion, a P/E ratio of 601.20, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 4,303.16. The company’s fifty day moving average price is GBX 1,371.59 and its two-hundred day moving average price is GBX 1,400.20.

About Wizz Air

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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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