Currys (LON:CURY) Hits New 52-Week High – Here’s Why

Currys plc (LON:CURY) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 99.95 ($1.26) and last traded at GBX 99 ($1.25), with a volume of 521854 shares. The stock had previously closed at GBX 99.25 ($1.25).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Currys in a research note on Thursday, January 16th.

Currys Trading Up 0.8 %

The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86. The stock’s 50-day simple moving average is GBX 91.97 and its 200-day simple moving average is GBX 85.27. The firm has a market capitalization of £1.08 billion, a PE ratio of 5.46 and a beta of 1.31.

Currys (LON:CURY) last issued its quarterly earnings data on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share (EPS) for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. As a group, sell-side analysts expect that Currys plc will post 9.5199569 EPS for the current fiscal year.

Insider Activity

In other Currys news, insider Octavia Morley bought 35,000 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were purchased at an average price of GBX 90 ($1.14) per share, for a total transaction of £31,500 ($39,737.61). Company insiders own 10.33% of the company’s stock.

About Currys

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.