Wise (LON:WISE) Hits New 12-Month High – What’s Next?

Wise plc (LON:WISE) hit a new 52-week high during trading 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 trading hands. The stock had previously closed at GBX 941.50 ($11.77).

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Citigroup reissued a “sell” rating on shares of Wise in a report on Thursday, December 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,045 ($13.06) target price on shares of Wise in a research report on Thursday, November 7th.

Wise Stock Up 0.2 %

The stock has a market capitalization of £10.53 billion, a P/E ratio of 3,035.30, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06. The stock has a fifty day moving average price of GBX 819.70 and a 200 day moving average price of GBX 746.03.

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.