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Currys (LON:CURY) Reaches New 12-Month High - Still a Buy?

Currys logo with Consumer Cyclical background

Currys plc (LON:CURY - Get Free Report)'s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 104.80 ($1.41) and last traded at GBX 104.50 ($1.40), with a volume of 1933654 shares changing hands. The stock had previously closed at GBX 103.30 ($1.39).

Wall Street Analysts Forecast Growth

A number of analysts have commented on CURY shares. Berenberg Bank boosted their price target on shares of Currys from GBX 125 ($1.68) to GBX 175 ($2.35) and gave the company a "buy" rating in a research note on Friday, April 4th. Shore Capital restated a "not rated" rating on shares of Currys in a research note on Thursday, January 16th.

Get Our Latest Stock Report on CURY

Currys Stock 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 company's 50-day moving average is GBX 94.18 and its two-hundred day moving average is GBX 90.26. The company has a market capitalization of £1.20 billion, a P/E ratio of 6.07 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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