Wise plc (OTC:WPLCF – Get Rating) traded down 1.3% during mid-day trading on Thursday . The stock traded as low as $6.60 and last traded at $6.77. 23,765 shares changed hands during trading, a decline of 68% from the average session volume of 73,883 shares. The stock had previously closed at $6.86.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Credit Suisse Group cut their target price on Wise from GBX 640 ($7.73) to GBX 410 ($4.95) in a research note on Friday, July 15th. Morgan Stanley upgraded Wise from an “equal weight” rating to an “overweight” rating in a research note on Friday, July 22nd. Exane BNP Paribas assumed coverage on shares of Wise in a report on Thursday, September 1st. They issued an “underperform” rating on the stock. Finally, Citigroup lifted their price target on shares of Wise from GBX 310 ($3.75) to GBX 320 ($3.87) in a report on Thursday, July 21st.
Wise Trading Down 1.3 %
The business’s 50-day moving average price is $5.83.
Wise plc provides cross-border money transfer services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. The company's transfer infrastructure includes Wise Account for international people who need to move and manage money across borders; Wise Business for international businesses need; and Wise Platform that allows businesses and banks to offer their own customers international payments.
- Get a free copy of the StockNews.com research report on Wise (WPLCF)
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