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

Shares of CURRENC Group Inc. (NASDAQ:CURR - Get Free Report) were down 3.5% during mid-day trading on Monday . The company traded as low as $1.35 and last traded at $1.36. Approximately 127,600 shares changed 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.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CURR shares. UBS Group set a $3.50 target price on shares of CURRENC Group in a report on Wednesday, March 5th. Roth Mkm initiated coverage on CURRENC Group in a research report on Wednesday, March 5th. They issued a "buy" rating and a $3.50 price objective on the stock. Finally, Roth Capital upgraded CURRENC Group to a "strong-buy" rating in a report on Wednesday, March 5th.

CURRENC Group Stock Performance

The firm's 50-day moving average is $1.77 and its 200-day moving average is $1.83.

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

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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