Currys (LON:CURY) Trading Up 10.4% – Still a Buy?

Currys plc (LON:CURYGet Free Report) shares rose 10.4% during trading on Thursday . The company traded as high as GBX 100.40 ($1.30) and last traded at GBX 98.17 ($1.27). Approximately 5,311,956 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 4,870,256 shares. The stock had previously closed at GBX 88.95 ($1.16).

Analysts Set New Price Targets

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

Read Our Latest Analysis on CURY

Currys Trading Up 12.5 %

The business has a 50-day moving average of GBX 92.06 and a 200-day moving average of GBX 87.86. The stock has a market capitalization of £1.09 billion, a price-to-earnings ratio of 5.49 and a beta of 1.31. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

Insider Transactions at Currys

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

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.

Further Reading

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