Currys (LON:CURY) Trading Up 10.5% - What's Next?

Currys plc (LON:CURY - Get Free Report)'s share price was up 10.5% 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 changed hands 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).

Analyst Ratings Changes

CURY has been the subject of a number of recent research reports. Shore Capital restated a "not rated" rating on shares of Currys in a research note on Thursday, January 16th. Berenberg Bank upped their price target 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.

Currys Stock Up 1.8 %

The company has a market cap of £1.05 billion, a price-to-earnings ratio of 5.31 and a beta of 1.31. The stock has a 50-day simple moving average of GBX 92.60 and a 200-day simple moving average of GBX 88.42. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83.

Insider Activity at Currys

In other 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, for a total transaction of £31,500 ($40,250.45). 10.33% of the stock is currently owned by insiders.

About Currys

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.