Research analysts at Roth Mkm assumed coverage on shares of CURRENC Group (NASDAQ:CURR – Get Free Report) in a research report issued on Wednesday,Briefing.com Automated Import reports. The firm set a “buy” rating and a $3.50 price target on the stock. Roth Mkm’s price target suggests a potential upside of 65.88% from the stock’s current price.
CURRENC Group Stock Performance
CURR stock opened at $2.11 on Wednesday. CURRENC Group has a twelve month low of $1.18 and a twelve month high of $13.59. The company has a fifty day moving average of $1.89.
Hedge Funds Weigh In On CURRENC Group
A hedge fund recently bought a new stake in CURRENC Group stock. Rivernorth Capital Management LLC bought a new stake in CURRENC Group Inc. (NASDAQ:CURR – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 61,243 shares of the company’s stock, valued at approximately $153,000. Rivernorth Capital Management LLC owned approximately 0.13% of CURRENC Group as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 56.01% of the company’s stock.
About CURRENC Group
Currenc Group, Inc engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.
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