Currys (LON:CURY) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Currys plc (LON:CURY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 95.16 ($1.26) and traded as high as GBX 117.80 ($1.57). Currys shares last traded at GBX 114.80 ($1.53), with a volume of 1,908,964 shares.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CURY shares. Berenberg Bank upped their price target on Currys from GBX 125 ($1.66) to GBX 175 ($2.33) and gave the company a "buy" rating in a research report on Friday, April 4th. Shore Capital restated a "not rated" rating on shares of Currys in a report on Thursday, January 16th.

Currys Stock Down 0.8 %

The company's fifty day simple moving average is GBX 95.57 and its 200 day simple moving average is GBX 90.97. 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 firm has a market capitalization of £1.25 billion, a PE ratio of 6.30 and a beta of 1.31.

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.