Currys (LON:CURY) Stock Price Up 0.7% – What’s Next?

Currys plc (LON:CURY)’s share price was up 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 traded hands during trading, an increase of 564% from the average session volume of 15,007,980 shares. The stock had previously closed at GBX 145.10.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 210 target price on shares of Currys in a report on Thursday, September 10th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Currys presently has an average rating of “Buy” and an average price target of GBX 178.50.

Currys Stock Performance

The business has a 50-day moving average of GBX 146.83 and a two-hundred day moving average of GBX 147.13. The company has a market cap of £1.49 billion, a P/E ratio of 10.08 and a beta of 1.25. The company has a debt-to-equity ratio of 39.53, a current ratio of 0.89 and a quick ratio of 0.29.

Insider Transactions at Currys

In other news, insider Elaine Bucknor bought 2,600 shares of Currys stock in a transaction that occurred on Tuesday, September 8th. The stock was bought at an average price of GBX 151 per share, for a total transaction of £3,926. Also, insider Bruce Marsh sold 23,486 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of GBX 146, for a total value of £34,289.56. Insiders have sold 500,000 shares of company stock worth $73,000,000 in the last 90 days. 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.