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Currenc Group (NASDAQ:CURR) Shares Down 3.8% - Time to Sell?

Currenc Group logo with Services background

Currenc Group Inc. (NASDAQ:CURR - Get Free Report) was down 3.8% during mid-day trading on Wednesday . The stock traded as low as $1.80 and last traded at $2.03. Approximately 2,392,414 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 2,910,532 shares. The stock had previously closed at $2.11.

Currenc Group Price Performance

The firm's 50-day moving average price is $0.81 and its 200-day moving average price is $1.48.

Currenc Group (NASDAQ:CURR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The firm had revenue of $10.06 million for the quarter, compared to the consensus estimate of $10.50 million.

About Currenc Group

(Get Free Report)

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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