Wizz Air Holdings Plc (OTCMKTS:WZZZY – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 600 shares, an increase of 100.0% from the May 31st total of 300 shares. Based on an average trading volume of 150 shares, the days-to-cover ratio is presently 4.0 days.
Wizz Air Price Performance
Shares of WZZZY opened at $4.00 on Tuesday. Wizz Air has a 52-week low of $2.90 and a 52-week high of $7.00. The stock has a fifty day simple moving average of $3.48 and a two-hundred day simple moving average of $3.92.
Analyst Ratings Changes
WZZZY has been the topic of several recent analyst reports. Sanford C. Bernstein downgraded shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Citigroup raised shares of Wizz Air from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Wizz Air in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
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.
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