CURRENC Group (NASDAQ:CURR - Get Free Report) was upgraded by analysts at Roth Capital to a "strong-buy" rating in a research report issued on Wednesday,Zacks.com reports. Roth Capital also issued estimates for CURRENC Group's Q4 2024 earnings at ($0.05) EPS, FY2024 earnings at ($0.35) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.15) EPS and FY2026 earnings at ($0.10) EPS.
Separately, Roth Mkm assumed coverage on shares of CURRENC Group in a research note on Wednesday, March 5th. They set a "buy" rating and a $3.50 target price on the stock.
Get Our Latest Analysis on CURRENC Group
CURRENC Group Trading Up 16.9 %
NASDAQ CURR traded up $0.38 during trading hours on Wednesday, hitting $2.63. 749,037 shares of the company's stock traded hands, compared to its average volume of 7,129,750. CURRENC Group has a 52 week low of $1.18 and a 52 week high of $13.59. The stock has a fifty day simple moving average of $1.92.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in CURRENC Group stock. Rivernorth Capital Management LLC bought a new position in CURRENC Group Inc. (NASDAQ:CURR - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 61,243 shares of the company's stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned approximately 0.13% of CURRENC Group as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 56.01% of the company's stock.
CURRENC Group Company Profile
(
Get Free Report)
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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