Roth Mkm began coverage on shares of CURRENC Group (NASDAQ:CURR – Free Report) in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage issued a buy rating and a $3.50 price objective on the stock.
CURRENC Group Stock Up 1.9 %
Shares of NASDAQ:CURR opened at $2.15 on Wednesday. The stock has a 50-day simple moving average of $1.90. CURRENC Group has a fifty-two week low of $1.18 and a fifty-two week high of $13.59.
Institutional Investors Weigh In On CURRENC Group
A hedge fund recently bought a new stake in CURRENC Group stock. Rivernorth Capital Management LLC acquired a new stake in shares of CURRENC Group Inc. (NASDAQ:CURR – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 61,243 shares of the company’s stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned 0.13% of CURRENC Group at the end of the most recent quarter. 56.01% of the stock is currently owned by institutional investors.
About CURRENC Group
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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