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

Currys plc (LON:CURY) 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 mid-day trading, an increase of 564% from the average session volume of 15,007,980 shares. The stock had previously closed at GBX 145.10.

Analyst Ratings Changes

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

Currys Stock Up 0.7%

The company has a debt-to-equity ratio of 39.53, a current ratio of 0.89 and a quick ratio of 0.29. The stock has a market cap of £1.49 billion, a PE ratio of 10.08 and a beta of 1.25. The business has a fifty day moving average of GBX 146.83 and a 200-day moving average of GBX 147.13.

Insider Buying and Selling at Currys

In other Currys news, insider Bruce Marsh sold 321,514 shares of Currys stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of GBX 146, for a total transaction of £469,410.44. Also, insider Elaine Bucknor bought 2,600 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were purchased at an average cost of GBX 151 per share, with a total value of £3,926. Insiders have sold a total of 500,000 shares of company stock worth $73,000,000 over the last 90 days. 15.98% of the stock is currently owned by company insiders.

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.