Roth Mkm assumed coverage on shares of CURRENC Group (NASDAQ:CURR - Free Report) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $3.50 price objective on the stock.
CURRENC Group Stock Performance
Shares of NASDAQ CURR traded up $0.05 during midday trading on Wednesday, reaching $2.25. 288,000 shares of the company's stock were exchanged, compared to its average volume of 7,274,771. CURRENC Group has a 52-week low of $1.18 and a 52-week high of $13.59. The stock's fifty day moving average price is $1.92.
Institutional Trading of CURRENC Group
A hedge fund recently bought a new stake in CURRENC Group stock. Rivernorth Capital Management LLC acquired a new stake in CURRENC Group Inc. (NASDAQ:CURR - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,243 shares of the company's stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned about 0.13% of CURRENC Group as of its most recent SEC filing. Institutional investors and hedge funds own 56.01% of the company's stock.
About CURRENC Group
(
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Currenc Group, Inc engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.
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