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

Shares of Wizz Air Holdings Plc (LON:WIZZ) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,424.83 ($18.05) and traded as high as GBX 1,574 ($19.94). Wizz Air shares last traded at GBX 1,494 ($18.93), with a volume of 353,308 shares traded.

Wizz Air Stock Performance

The company has a 50-day moving average price of GBX 1,424.83 and a two-hundred day moving average price of GBX 1,362.57. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,582.50. The stock has a market capitalization of £1.85 billion, a P/E ratio of 6.27, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28.

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.