CURRENC Group Inc. (NASDAQ:CURR - Get Free Report) was up 3.4% during trading on Monday . The stock traded as high as $1.53 and last traded at $1.51. Approximately 70,588 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 2,511,925 shares. The stock had previously closed at $1.46.
Analysts Set New Price Targets
A number of brokerages have recently commented on CURR. Roth Capital raised CURRENC Group to a "strong-buy" rating in a research report on Wednesday, March 5th. Roth Mkm initiated coverage on shares of CURRENC Group in a report on Wednesday, March 5th. They issued a "buy" rating and a $3.50 price target for the company. Finally, UBS Group set a $3.50 price target on shares of CURRENC Group in a research report on Wednesday, March 5th.
View Our Latest Stock Report on CURRENC Group
CURRENC Group Stock Performance
The stock has a 50 day simple moving average of $1.83.
Institutional Trading of CURRENC Group
A hedge fund recently bought a new stake in CURRENC Group stock. Rivernorth Capital Management LLC purchased a new position in shares of CURRENC Group Inc. (NASDAQ:CURR - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,243 shares of the company's stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned 0.13% of CURRENC Group as of its most recent SEC filing. Hedge funds and other 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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