Currenc Group’s (CURR) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (e+) rating on shares of Currenc Group (NASDAQ:CURR) in a research report released on Thursday,Weiss Ratings reports.

Separately, Zacks Research upgraded shares of Currenc Group from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Currenc Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $3.50.

Currenc Group Stock Up 30.8%

CURR stock opened at $3.78 on Thursday. Currenc Group has a 52 week low of $0.33 and a 52 week high of $7.08. The company has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $1.41. The firm has a market capitalization of $175.88 million, a P/E ratio of -3.57 and a beta of -0.13.

Currenc Group (NASDAQ:CURR) last released its quarterly earnings data on Monday, August 4th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The business had revenue of $8.71 million for the quarter, compared to analyst estimates of $10.40 million.

Currenc Group Company Profile

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.