Currys (LON:CURY) Stock Price Up 10.5% – Should You Buy?

by · The Cerbat Gem

Shares of Currys plc (LON:CURY – Get Free Report) rose 10.5% during trading on Thursday . The stock traded as high as GBX 120.70 ($1.58) and last traded at GBX 98.31 ($1.29). Approximately 14,405,310 shares were traded during trading, an increase of 188% from the average daily volume of 5,008,034 shares. The stock had previously closed at GBX 88.95 ($1.17).

Analysts Set New Price Targets

Several brokerages recently weighed in on CURY. Shore Capital reissued a “not rated” rating on shares of Currys in a report on Thursday, January 16th. Berenberg Bank reissued a “buy” rating and set a GBX 125 ($1.64) price target on shares of Currys in a research report on Friday, March 14th.

View Our Latest Stock Report on CURY

Currys Trading Up 10.5 %

The firm has a market cap of £1.07 billion, a P/E ratio of 5.40 and a beta of 1.31. The business’s 50-day moving average is GBX 92.06 and its two-hundred day moving average is GBX 87.86. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83.

Insider Buying and Selling at Currys

In related news, insider Octavia Morley bought 35,000 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were bought at an average cost of GBX 90 ($1.18) per share, for a total transaction of £31,500 ($41,273.58). 10.33% of the stock is currently owned by insiders.

About Currys

(Get Free Report)

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece.

Recommended Stories