Currys (LON:CURY) Sets New 12-Month High – Should You Buy?

Currys plc (LON:CURY) hit a new 52-week high on Wednesday . The stock traded as high as GBX 118.10 ($1.56) and last traded at GBX 117.02 ($1.55), with a volume of 2111024 shares. The stock had previously closed at GBX 114.80 ($1.52).

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CURY. Shore Capital reiterated a “not rated” rating on shares of Currys in a research note on Thursday, January 16th. Berenberg Bank lifted their price target on shares of Currys from GBX 125 ($1.66) to GBX 175 ($2.32) and gave the company a “buy” rating in a report on Friday, April 4th.

Currys Stock Up 0.9 %

The firm’s fifty day moving average is GBX 97.13 and its 200 day moving average is GBX 91.58. The firm has a market cap of £1.29 billion, a P/E ratio of 6.53 and a beta of 1.31. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

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.