Shares of Currys plc (LON:CURY - Get Free Report) shot up 15.6% on Thursday . The stock traded as high as GBX 120.70 ($1.54) and last traded at GBX 102.80 ($1.31). 87,088,313 shares traded hands during mid-day trading, an increase of 1,326% from the average session volume of 6,109,292 shares. The stock had previously closed at GBX 88.95 ($1.14).
Wall Street Analyst Weigh In
CURY has been the subject of several research analyst reports. Berenberg Bank raised their target price on Currys from GBX 125 ($1.60) to GBX 175 ($2.24) and gave the company a "buy" rating in a research report on Friday. Shore Capital restated a "not rated" rating on shares of Currys in a research report on Thursday, January 16th.
Check Out Our Latest Report on Currys
Currys Trading 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 fifty day simple moving average of GBX 92.87 and a two-hundred day simple moving average of GBX 88.67. The firm has a market capitalization of £1.05 billion, a P/E ratio of 5.31 and a beta of 1.31.
Insider Buying and Selling
In other Currys news, insider Octavia Morley bought 35,000 shares of the stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 90 ($1.15) per share, with a total value of £31,500 ($40,250.45). 10.33% of the stock is currently owned by insiders.
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
Before you consider Currys, 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 Currys wasn't on the list.
While Currys currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
