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Currys (LON:CURY) Shares Up 15.7% - Still a Buy?

Currys logo with Consumer Cyclical background
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Currys plc (LON:CURY - Get Free Report)'s stock price traded up 15.7% during trading on Thursday . The company traded as high as GBX 120.70 ($1.54) and last traded at GBX 102.90 ($1.31). 15,451,188 shares traded hands during mid-day trading, an increase of 208% from the average session volume of 5,023,880 shares. The stock had previously closed at GBX 88.95 ($1.14).

Wall Street Analyst Weigh In

CURY has been the subject of a number of analyst reports. Shore Capital reiterated a "not rated" rating on shares of Currys in a research note on Thursday, January 16th. Berenberg Bank lifted their price objective on shares of Currys from GBX 125 ($1.60) to GBX 175 ($2.24) and gave the company a "buy" rating in a research note on Friday.

Check Out Our Latest Stock Report on CURY

Currys Stock Up 1.8 %

The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. The firm has a market capitalization of £1.05 billion, a P/E ratio of 5.31 and a beta of 1.31. The business has a 50 day moving average price of GBX 92.87 and a 200 day moving average price of GBX 88.67.

Insiders Place Their Bets

In related news, insider Octavia Morley acquired 35,000 shares of the business's stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of GBX 90 ($1.15) per share, with a total value of £31,500 ($40,250.45). Company 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.

See Also

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