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Currys (LON:CURY) Reaches New 1-Year High - Time to Buy?

Currys logo with Consumer Cyclical background

Currys plc (LON:CURY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 121 ($1.61) and last traded at GBX 120 ($1.59), with a volume of 8943068 shares changing hands. The stock had previously closed at GBX 118.97 ($1.58).

Wall Street Analyst Weigh In

Several brokerages recently commented on CURY. Berenberg Bank boosted their target price on Currys from GBX 125 ($1.66) to GBX 175 ($2.32) and gave the stock a "buy" rating in a report on Friday, April 4th. Shore Capital reissued a "not rated" rating on shares of Currys in a report on Thursday, January 16th.

Check Out Our Latest Analysis on CURY

Currys Stock Up 1.6%

The business has a fifty day moving average price of GBX 100.31 and a two-hundred day moving average price of GBX 92.81. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83. The company has a market cap of £1.34 billion, a price-to-earnings ratio of 6.77 and a beta of 1.31.

Currys Company Profile

(Get Free Report)

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800 stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us. In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece.

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