CURRENC Group (NASDAQ:CURR) Stock Price Down 3.5% - What's Next?

CURRENC Group Inc. (NASDAQ:CURR - Get Free Report) shares were down 3.5% during trading on Monday . The stock traded as low as $1.35 and last traded at $1.36. Approximately 127,600 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 2,160,296 shares. The stock had previously closed at $1.41.

Analysts Set New Price Targets

Several research analysts recently commented on CURR shares. UBS Group set a $3.50 price objective on shares of CURRENC Group in a report on Wednesday, March 5th. Roth Mkm started coverage on shares of CURRENC Group in a report on Wednesday, March 5th. They issued a "buy" rating and a $3.50 price objective for the company. Finally, Roth Capital raised shares of CURRENC Group to a "strong-buy" rating in a report on Wednesday, March 5th.

CURRENC Group Stock Down 5.6%

The company's fifty day moving average is $1.70 and its 200 day moving average is $1.80.

CURRENC Group (NASDAQ:CURR - Get Free Report) last announced its quarterly earnings results on Monday, April 14th. The company reported ($0.70) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.66). The business had revenue of $11.07 million for the quarter, compared to analysts' expectations of $10.50 million. During the same period last year, the firm posted ($1.03) earnings per share.

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.