Currys (LON:CURY) Sets New 52-Week High - Time to Buy?

Currys plc (LON:CURY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 129.40 ($1.77) and last traded at GBX 128.70 ($1.76), with a volume of 4069498 shares changing hands. The stock had previously closed at GBX 118.50 ($1.62).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 175 ($2.39) target price on shares of Currys in a research report on Thursday.

Currys Trading Up 7.1%

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 firm has a 50-day moving average of GBX 120.41 and a 200 day moving average of GBX 102.50. The company has a market cap of £1.38 billion, a P/E ratio of 6.96 and a beta of 1.31.

Currys (LON:CURY - Get Free Report) last posted its quarterly earnings results on Thursday, July 3rd. The company reported GBX 10 ($0.14) EPS for the quarter. Currys had a return on equity of 9.53% and a net margin of 2.38%. On average, analysts predict that Currys plc will post 9.5199569 earnings per share for the current fiscal year.

About Currys

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.