Currys (LON:CURY) Hits New 1-Year High – Here’s Why

Shares of Currys plc (LON:CURY) hit a new 52-week high on Monday . The company traded as high as GBX 153.30 and last traded at GBX 153.30, with a volume of 5047689 shares trading hands. The stock had previously closed at GBX 149.10.

Key Headlines Impacting Currys

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Currys granted Group CFO Bruce Marsh options over 11,682 ordinary shares under its all-employee share savings plan — this aligns senior management incentives with shareholders and is typically seen as a modestly positive governance signal. Currys CFO granted options
• Neutral Sentiment: Numerous media items in the feed concern NBA star Stephen Curry (sports coverage, All‑Star/3‑point contest stories). These are unrelated to Currys plc (the UK electronics retailer) and unlikely to affect the company’s fundamentals or near‑term stock performance. Example item: Stephen Curry commits to 2027 3‑Point Contest. Stephen Curry commits to 2027 3-point
• Neutral Sentiment: Market/technical context: CURY is trading near its one‑year high and above both its 50‑day (GBX 134.98) and 200‑day (GBX 131.27) moving averages, with volume below the stock’s average — this suggests the price move could be supported by momentum rather than a large fundamental catalyst.

Analyst Ratings Changes

Several research firms have weighed in on CURY. Citigroup lifted their target price on Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Shore Capital Group reiterated a “no recommendation” rating on shares of Currys in a research report on Wednesday, January 21st. Finally, Berenberg Bank lifted their target price on shares of Currys from GBX 210 to GBX 215 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Currys has an average rating of “Buy” and an average target price of GBX 170.33.

Currys Price Performance

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 stock has a market capitalization of £1.61 billion, a price-to-earnings ratio of 13.22 and a beta of 1.31. The stock’s 50 day simple moving average is GBX 134.98 and its 200-day simple moving average is GBX 131.27.

Currys (LON:CURY) last released its quarterly earnings results on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. On average, analysts expect that Currys plc will post 9.5199569 EPS for the current fiscal year.

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.