Currys (LON:CURY) Hits New 1-Year High – Should You Buy?

Shares of Currys plc (LON:CURY) hit a new 52-week high during trading on Monday . The company traded as high as GBX 101.60 ($1.29) and last traded at GBX 98.63 ($1.25), with a volume of 134263 shares changing hands. The stock had previously closed at GBX 99.10 ($1.25).

Analyst Upgrades and Downgrades

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

Currys Trading Down 0.4 %

The stock has a 50 day moving average of GBX 93.21 and a 200-day moving average of GBX 85.75. The company has a market capitalization of £1.07 billion, a P/E ratio of 5.42 and a beta of 1.31. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83.

Currys (LON:CURY) last posted its quarterly earnings results on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. On average, research analysts predict that Currys plc will post 9.5199569 EPS for the current year.

Insider Activity at Currys

In other Currys news, insider Octavia Morley bought 35,000 shares of Currys stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 90 ($1.14) per share, for a total transaction of £31,500 ($39,863.33). 10.33% of the stock is currently owned by insiders.

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.