Currys plc (LON:CURY - Get Free Report) rose 10.5% during mid-day trading on Thursday . The company traded as high as GBX 120.70 ($1.54) and last traded at GBX 98.31 ($1.26). Approximately 14,405,310 shares were traded during trading, an increase of 188% from the average daily volume of 5,008,034 shares. The stock had previously closed at GBX 88.95 ($1.14).
Wall Street Analyst Weigh In
CURY has been the subject of several recent research reports. Berenberg Bank boosted their target price on shares of Currys from GBX 125 ($1.60) to GBX 175 ($2.24) and gave the stock a "buy" rating in a research report on Friday. Shore Capital reissued a "not rated" rating on shares of Currys in a report on Thursday, January 16th.
Read Our Latest Report on CURY
Currys Stock Performance
The company has a market cap of £1.05 billion, a PE ratio of 5.31 and a beta of 1.31. The company's fifty day moving average price is GBX 92.87 and its 200 day moving average price is GBX 88.67. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29.
Insiders Place Their Bets
In other Currys news, insider Octavia Morley bought 35,000 shares of the stock in a transaction dated Tuesday, January 28th. The shares were bought at an average cost of GBX 90 ($1.15) per share, for a total transaction of £31,500 ($40,250.45). Insiders own 10.33% of the company's stock.
About Currys
(
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.
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