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

Wizz Air Holdings Plc (LON:WIZZ) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,376.43 ($17.14) and traded as high as GBX 1,462.08 ($18.20). Wizz Air shares last traded at GBX 1,372 ($17.08), with a volume of 593,689 shares traded.

Wizz Air Stock Performance

The company has a market cap of £1.25 billion, a price-to-earnings ratio of 485.94, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The firm has a 50-day simple moving average of GBX 1,376.43 and a 200 day simple moving average of GBX 1,436.04. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 4,303.16.

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.