Wizz Air (LON:WIZZ) Shares Cross Above 50 Day Moving Average – Should You Sell?

Wizz Air Holdings Plc (LON:WIZZGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,519.42 ($19.62) and traded as high as GBX 1,698 ($21.92). Wizz Air shares last traded at GBX 1,650 ($21.30), with a volume of 547,533 shares traded.

Wizz Air Stock Performance

The firm’s 50 day moving average is GBX 1,519.42 and its 200 day moving average is GBX 1,402.54. The stock has a market cap of £2.03 billion, a P/E ratio of 6.88, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a debt-to-equity ratio of 1,582.50, a quick ratio of 0.82 and a current ratio of 0.98.

Wizz Air Company Profile

(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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