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Currys (LON:CURY) Hits New 1-Year High - Should You Buy?

Currys logo with Consumer Cyclical background

Currys plc (LON:CURY - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 124.10 ($1.68) and last traded at GBX 122.60 ($1.66), with a volume of 4746039 shares trading hands. The stock had previously closed at GBX 123.30 ($1.67).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 175 ($2.37) target price on shares of Currys in a research note on Wednesday.

Check Out Our Latest Analysis on Currys

Currys Price Performance

The company has a quick ratio of 0.29, a current ratio of 0.86 and a debt-to-equity ratio of 45.83. The stock's 50-day simple moving average is GBX 104.76 and its two-hundred day simple moving average is GBX 94.44. The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 6.82 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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