Currys (LON:CURY) Stock Price Up 10.4% - Still a Buy?

Currys plc (LON:CURY - Get Free Report) shares rose 10.4% during mid-day trading on Thursday . The stock traded as high as GBX 100.40 ($1.29) and last traded at GBX 98.17 ($1.27). Approximately 5,311,956 shares were traded during trading, an increase of 9% from the average daily volume of 4,870,256 shares. The stock had previously closed at GBX 88.95 ($1.15).

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Berenberg Bank raised their target price on Currys from GBX 125 ($1.61) to GBX 175 ($2.26) and gave the company a "buy" rating in a research report on Friday. Shore Capital reiterated a "not rated" rating on shares of Currys in a report on Thursday, January 16th.

Currys Trading Down 5.8 %

The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83. The stock has a market cap of £1.02 billion, a price-to-earnings ratio of 5.17 and a beta of 1.31. The company has a fifty day simple moving average of GBX 92.45 and a 200-day simple moving average of GBX 88.31.

Insider Buying and Selling

In other Currys news, insider Octavia Morley acquired 35,000 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average price of GBX 90 ($1.16) per share, with a total value of £31,500 ($40,603.25). Company insiders own 10.33% of the company's stock.

Currys Company Profile

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.