Currys (LON:CURY) Hits New 1-Year High at $84.55

Currys plc (LON:CURY) shares reached a new 52-week high on Monday . The company traded as high as GBX 84.55 ($1.12) and last traded at GBX 84 ($1.11), with a volume of 28214518 shares trading hands. The stock had previously closed at GBX 78.40 ($1.04).

Wall Street Analyst Weigh In

CURY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Currys to a “buy” rating and lifted their price target for the company from GBX 80 ($1.06) to GBX 95 ($1.25) in a research report on Tuesday, July 9th. Berenberg Bank raised their price objective on shares of Currys from GBX 90 ($1.19) to GBX 92 ($1.22) and gave the company a “buy” rating in a research report on Friday, June 28th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 91.80 ($1.21).

Currys Stock Up 7.2 %

The stock has a market capitalization of £949.63 million, a price-to-earnings ratio of 4,200.00 and a beta of 1.31. The company has a quick ratio of 0.29, a current ratio of 0.84 and a debt-to-equity ratio of 49.81. The firm has a 50-day moving average of GBX 78.79 and a two-hundred day moving average of GBX 71.73.

Insider Activity at Currys

In related news, insider Alex Baldock sold 258,833 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of GBX 81 ($1.07), for a total value of £209,654.73 ($276,954.73). In related news, insider Steve Johnson bought 40,000 shares of the business’s stock in a transaction on Tuesday, July 2nd. The shares were bought at an average cost of GBX 73 ($0.96) per share, for a total transaction of £29,200 ($38,573.32). Also, insider Alex Baldock sold 258,833 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of GBX 81 ($1.07), for a total value of £209,654.73 ($276,954.73). Insiders own 16.92% of the company’s stock.

Currys Company Profile

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.