Currys (LON:CURY) Stock Price Up 15.7% – Here’s What Happened

Currys plc (LON:CURY)’s stock price traded up 15.7% during trading on Thursday . The stock traded as high as GBX 120.70 ($1.57) and last traded at GBX 102.90 ($1.34). 15,451,188 shares were traded during trading, an increase of 208% from the average session volume of 5,023,880 shares. The stock had previously closed at GBX 88.95 ($1.16).

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CURY shares. Berenberg Bank reissued a “buy” rating and issued a GBX 125 ($1.62) price objective on shares of Currys in a research report on Friday, March 14th. Shore Capital reissued a “not rated” rating on shares of Currys in a research note on Thursday, January 16th.

Currys Stock Up 10.5 %

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

Insider Activity

In other Currys news, insider Octavia Morley purchased 35,000 shares of Currys stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of GBX 90 ($1.17) per share, for a total transaction of £31,500 ($40,903.78). Insiders own 10.33% of the company’s stock.

About Currys

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.