Wise (LON:WISE) Hits New 52-Week High – Time to Buy?

Wise plc (LON:WISE) hit a new 52-week high on Tuesday . The company traded as high as GBX 998.50 ($12.48) and last traded at GBX 997 ($12.46), with a volume of 11450851 shares. The stock had previously closed at GBX 941.50 ($11.77).

Wall Street Analyst Weigh In

WISE has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 1,045 ($13.06) price target on shares of Wise in a research report on Thursday, November 7th. Citigroup reiterated a “sell” rating on shares of Wise in a research report on Thursday, December 12th.

Wise Stock Up 0.2 %

The company has a quick ratio of 0.06, a current ratio of 1.06 and a debt-to-equity ratio of 22.88. The stock has a 50-day simple moving average of GBX 819.70 and a two-hundred day simple moving average of GBX 746.03. The firm has a market cap of £10.53 billion, a PE ratio of 3,035.30, a P/E/G ratio of 1.28 and a beta of 0.75.

Wise Company Profile

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services.