Currys (LON:CURY) Hits New 1-Year High at $81.30

Currys plc (LON:CURY) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 81.30 ($1.05) and last traded at GBX 81.30 ($1.05), with a volume of 2491193 shares. The stock had previously closed at GBX 79.15 ($1.02).

Analysts Set New Price Targets

CURY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded Currys to a “buy” rating and lifted their price target for the stock from GBX 80 ($1.03) to GBX 95 ($1.23) in a report on Tuesday, July 9th. Berenberg Bank lifted their price target on Currys from GBX 90 ($1.16) to GBX 92 ($1.19) and gave the stock a “buy” rating in a report on Friday, June 28th. Finally, Barclays reissued an “equal weight” rating and set a GBX 67 ($0.87) price objective on shares of Currys in a research report on Wednesday, May 15th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 91.80 ($1.19).

Currys Stock Up 3.1 %

The stock has a market capitalization of £922.08 million, a price-to-earnings ratio of 1,978.75 and a beta of 1.28. The company has a debt-to-equity ratio of 72.32, a quick ratio of 0.29 and a current ratio of 0.86. The business has a 50-day moving average of GBX 75.73 and a 200-day moving average of GBX 64.40.

Insider Buying and Selling at Currys

In other news, insider Steve Johnson bought 40,000 shares of the company’s stock in a transaction on Tuesday, July 2nd. The stock was bought at an average cost of GBX 73 ($0.94) per share, with a total value of £29,200 ($37,765.13). 18.47% of the stock is currently owned by corporate insiders.

Currys Company Profile

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.