Wizz Air (OTCMKTS:WZZZY) Stock Price Up 6.2% – Time to Buy?

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) were up 6.2% during trading on Monday . The stock traded as high as $4.62 and last traded at $4.62. Approximately 600 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 550 shares. The stock had previously closed at $4.35.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wizz Air in a report on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Wizz Air Price Performance

The business’s fifty day moving average is $4.11 and its 200-day moving average is $4.13.

Wizz Air Company Profile

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.