Free Trial

CURRENC Group (NASDAQ:CURR) Shares Down 2.4% - Here's Why

CURRENC Group logo with Unclassified background

CURRENC Group Inc. (NASDAQ:CURR - Get Free Report)'s stock price was down 2.4% during mid-day trading on Tuesday . The company traded as low as $1.55 and last traded at $1.65. Approximately 165,922 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 18,064,932 shares. The stock had previously closed at $1.69.

CURRENC Group Trading Up 1.9 %

The stock has a fifty day simple moving average of $1.86.

Hedge Funds Weigh In On CURRENC Group

An institutional investor recently bought a new position 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 its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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. 56.01% of the stock is currently owned by institutional investors.

About CURRENC Group

(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.

Recommended Stories

Should You Invest $1,000 in CURRENC Group Right Now?

Before you consider CURRENC Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CURRENC Group wasn't on the list.

While CURRENC Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines