Currys plc (LON:CURY – Get Free Report)’s share price rose 0.7% during mid-day trading on Friday. The stock traded as high as GBX 147.30 and last traded at GBX 146.10. Approximately 99,727,016 shares changed hands during trading, an increase of 564% from the average daily volume of 15,007,980 shares. The stock had previously closed at GBX 145.10.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 210 price objective on shares of Currys in a report on Thursday, September 10th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 178.50.
Get Our Latest Research Report on CURY
Currys Stock Up 0.7%
The company has a current ratio of 0.89, a quick ratio of 0.29 and a debt-to-equity ratio of 39.53. The business’s fifty day moving average price is GBX 146.83 and its two-hundred day moving average price is GBX 147.13. The firm has a market cap of £1.49 billion, a P/E ratio of 10.08 and a beta of 1.25.
Insider Buying and Selling at Currys
In related news, insider Elaine Bucknor bought 2,600 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were bought at an average cost of GBX 151 per share, for a total transaction of £3,926. Also, insider Bruce Marsh sold 321,514 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of GBX 146, for a total value of £469,410.44. Insiders have sold 500,000 shares of company stock worth $73,000,000 over the last three months. Company insiders own 15.98% 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. In each of these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them, throughout their lives.
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