Currys (LON:CURY) Trading 8% Higher

Currys plc (LON:CURY) shares rose 8% during trading on Tuesday . The stock traded as high as GBX 86.15 ($1.15) and last traded at GBX 84.70 ($1.13). Approximately 10,376,610 shares traded hands during mid-day trading, an increase of 146% from the average daily volume of 4,214,087 shares. The stock had previously closed at GBX 78.40 ($1.05).

Analyst Ratings Changes

CURY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised Currys to a “buy” rating and raised their target price for the stock from GBX 80 ($1.07) to GBX 95 ($1.27) in a research report on Tuesday, July 9th. Berenberg Bank boosted their target price on shares of Currys from GBX 90 ($1.20) to GBX 92 ($1.23) and gave the company a “buy” rating in a research report on Friday, June 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Currys has a consensus rating of “Moderate Buy” and a consensus price target of GBX 91.80 ($1.23).

Currys Trading Down 0.4 %

The stock has a 50-day moving average price of GBX 78.92 and a two-hundred day moving average price of GBX 71.86. The stock has a market capitalization of £953.16 million, a PE ratio of 4,235.00 and a beta of 1.31. The company has a debt-to-equity ratio of 49.81, a quick ratio of 0.29 and a current ratio of 0.84.

Insider Buying and Selling at Currys

In other news, insider Steve Johnson acquired 40,000 shares of Currys stock in a transaction dated Tuesday, July 2nd. The stock was purchased at an average cost of GBX 73 ($0.97) per share, with a total value of £29,200 ($38,974.91). In other Currys news, insider Steve Johnson acquired 40,000 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The stock was purchased at an average price of GBX 73 ($0.97) per share, with a total value of £29,200 ($38,974.91). Also, insider Alex Baldock sold 258,833 shares of Currys stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of GBX 81 ($1.08), for a total value of £209,654.73 ($279,838.13). Insiders own 16.92% of the company’s stock.

About Currys

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.