CURRENC Group (NASDAQ:CURR – Get Free Report) released its earnings results on Monday. The company reported ($0.70) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.66), Zacks reports. The business had revenue of $11.07 million during the quarter, compared to the consensus estimate of $10.50 million.
CURRENC Group Stock Performance
CURRENC Group stock opened at $1.50 on Wednesday. CURRENC Group has a 1-year low of $1.19 and a 1-year high of $7.08. The firm’s fifty day simple moving average is $1.81 and its 200-day simple moving average is $1.91.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. Roth Mkm began coverage on shares of CURRENC Group in a research note on Wednesday, March 5th. They issued a “buy” rating and a $3.50 price objective on the stock. Roth Capital upgraded CURRENC Group to a “strong-buy” rating in a report on Wednesday, March 5th. Finally, UBS Group set a $3.50 target price on CURRENC Group in a research report on Wednesday, March 5th.
CURRENC Group Company Profile
Currenc Group, Inc engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.
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