Wise (LON:WISE) Sets New 12-Month High – Still a Buy?

Wise plc (LON:WISE)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 1,122 ($14.00) and last traded at GBX 1,116 ($13.92), with a volume of 4697128 shares trading hands. The stock had previously closed at GBX 1,096 ($13.67).

Analyst Upgrades and Downgrades

WISE has been the topic of a number of research reports. Citigroup reaffirmed a “sell” rating on shares of Wise in a research note on Thursday, December 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,045 ($13.04) price target on shares of Wise in a report on Thursday, November 7th.

Wise Stock Performance

The firm has a market cap of £11.37 billion, a price-to-earnings ratio of 3,279.41, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. The firm’s 50 day moving average is GBX 920.17 and its 200-day moving average is GBX 774.81. The company has a debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06.

About Wise

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.