Currys (LON:CURY) Shares Up 15.7% – Time to Buy?

Currys plc (LON:CURYGet Free Report)’s stock price rose 15.7% during mid-day trading on Thursday . The stock traded as high as GBX 120.70 ($1.57) and last traded at GBX 102.90 ($1.34). Approximately 15,451,188 shares traded hands during trading, an increase of 208% from the average daily volume of 5,023,880 shares. The stock had previously closed at GBX 88.95 ($1.16).

Analyst Ratings Changes

A number of research analysts recently commented on CURY shares. 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 issued a GBX 125 ($1.62) target price on shares of Currys in a report on Friday, March 14th.

Check Out Our Latest Stock Report on Currys

Currys Price Performance

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 firm has a fifty day simple moving average of GBX 92.06 and a two-hundred day simple moving average of GBX 87.86. The firm has a market cap of £1.07 billion, a PE ratio of 5.40 and a beta of 1.31.

Insider Activity at Currys

In related news, insider Octavia Morley acquired 35,000 shares of the stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 90 ($1.17) per share, with a total value of £31,500 ($40,903.78). 10.33% of the stock is currently owned by insiders.

Currys Company Profile

(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

Receive News & Ratings for Currys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Currys and related companies with MarketBeat.com's FREE daily email newsletter.