Currys (LON:CURY) Reaches New 1-Year High – Still a Buy?

Currys plc (LON:CURY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 101.60 ($1.29) and last traded at GBX 98.63 ($1.25), with a volume of 134263 shares traded. The stock had previously closed at GBX 99.10 ($1.25).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Currys in a research note on Thursday, January 16th.

Currys Price Performance

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 company has a market cap of £1.07 billion, a PE ratio of 5.42 and a beta of 1.31. The stock has a 50-day simple moving average of GBX 93.21 and a 200 day simple moving average of GBX 85.75.

Currys (LON:CURY) last posted its quarterly earnings data on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share (EPS) for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. Equities analysts expect that Currys plc will post 9.5199569 EPS for the current year.

Insider Buying and Selling

In other Currys news, insider Octavia Morley acquired 35,000 shares of the stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 90 ($1.14) per share, with a total value of £31,500 ($39,863.33). 10.33% of the stock is currently owned by insiders.

Currys Company Profile

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.