Currys (LON:CURY) Shares Down 1.5% – Time to Sell?

Currys plc (LON:CURY) was down 1.5% during trading on Thursday . The company traded as low as GBX 83.65 ($1.09) and last traded at GBX 84.39 ($1.10). Approximately 1,696,873 shares traded hands during trading, a decline of 58% from the average daily volume of 4,001,326 shares. The stock had previously closed at GBX 85.65 ($1.11).

Analyst Ratings Changes

A number of research analysts have recently issued reports on CURY shares. Deutsche Bank Aktiengesellschaft upgraded Currys to a “buy” rating and increased their target price for the company from GBX 80 ($1.04) to GBX 95 ($1.23) in a research report on Tuesday, July 9th. Berenberg Bank increased their target price on Currys from GBX 90 ($1.17) to GBX 92 ($1.19) and gave the company a “buy” rating in a research report on Friday, June 28th.

Currys Stock Performance

The stock has a market cap of £953.61 million, a PE ratio of 4,219.50 and a beta of 1.31. The company has a quick ratio of 0.29, a current ratio of 0.84 and a debt-to-equity ratio of 49.81. The stock has a 50-day moving average of GBX 82.96 and a 200 day moving average of GBX 75.89.

Insider Buying and Selling

In other Currys news, insider Alex Baldock sold 258,833 shares of Currys stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of GBX 81 ($1.05), for a total value of £209,654.73 ($272,208.17). 10.33% of the stock is currently owned by company insiders.

About Currys

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.