Currys (LON:CURY) Trading 12.1% Higher – What’s Next?

Shares of Currys plc (LON:CURY) shot up 12.1% during mid-day trading on Thursday . The stock traded as high as GBX 88.90 ($1.12) and last traded at GBX 88.58 ($1.12). 15,791,217 shares changed hands during mid-day trading, an increase of 313% from the average session volume of 3,821,894 shares. The stock had previously closed at GBX 79 ($1.00).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “not rated” rating on shares of Currys in a research report on Thursday.

Currys Price Performance

The company has a quick ratio of 0.29, a current ratio of 0.84 and a debt-to-equity ratio of 49.81. The stock has a market capitalization of £1.06 billion, a price-to-earnings ratio of 4,710.00 and a beta of 1.31. The business’s 50 day simple moving average is GBX 83.22 and its 200-day simple moving average is GBX 79.69.

About Currys

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.