Currenc Group (NASDAQ:CURR) Posts Earnings Results

Key Points

• Currenc Group (NASDAQ:CURR) reported a quarterly loss of ($0.10) earnings per share, missing analysts' expectations of ($0.04) by ($0.06).
• Following the earnings news, Currenc Group's stock dropped by 13.1%, closing at $1.73 with a trading volume significantly below its average.
• The company operates a fintech banking platform and has a fifty-two week low of $0.33 and a high of $13.59.

Currenc Group (NASDAQ:CURR - ) posted its quarterly earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06), Zacks reports.

Currenc Group Stock Down 13.1%

Shares of NASDAQ CURR traded down $0.26 during trading on Monday, hitting $1.73. The company had a trading volume of 194,713 shares, compared to its average volume of 4,118,079. The stock has a fifty day simple moving average of $1.09 and a two-hundred day simple moving average of $1.43. Currenc Group has a fifty-two week low of $0.33 and a fifty-two week high of $13.59.

Currenc Group Company Profile

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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