Currys (LON:CURY) Reaches New 1-Year High at $83.65

Currys plc (LON:CURY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 83.65 ($1.07) and last traded at GBX 80.73 ($1.03), with a volume of 228248 shares changing hands. The stock had previously closed at GBX 80.05 ($1.02).

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Berenberg Bank raised their price objective on shares of Currys from GBX 90 ($1.15) to GBX 92 ($1.17) and gave the company a “buy” rating in a research report on Friday, June 28th. Barclays restated an “equal weight” rating and issued a GBX 67 ($0.86) price objective on shares of Currys in a research report on Wednesday, May 15th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Currys to a “buy” rating and increased their target price for the company from GBX 80 ($1.02) to GBX 95 ($1.21) in a report on Tuesday, July 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Currys has a consensus rating of “Moderate Buy” and an average price target of GBX 91.80 ($1.17).

Currys Stock Performance

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 company has a market capitalization of £910.22 million, a PE ratio of 4,002.50 and a beta of 1.35. The stock’s fifty day simple moving average is GBX 77.12 and its 200-day simple moving average is GBX 68.09.

Insider Buying and Selling at Currys

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 acquired at an average cost of GBX 73 ($0.93) per share, with a total value of £29,200 ($37,282.94). In other Currys news, 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 ($1.03), for a total value of £209,654.73 ($267,689.90). Also, insider Steve Johnson bought 40,000 shares of the stock in a transaction on Tuesday, July 2nd. The stock was purchased at an average cost of GBX 73 ($0.93) per share, with a total value of £29,200 ($37,282.94). 19.40% of the stock is currently owned by corporate insiders.

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.