Currys (LON:CURY) Reaches New 52-Week High – Still a Buy?

Currys plc (LON:CURY) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 101.60 ($1.29) and last traded at GBX 98.63 ($1.25), with a volume of 134263 shares. The stock had previously closed at GBX 99.10 ($1.26).

Wall Street Analyst Weigh In

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

Currys Trading Down 0.1 %

The stock has a market cap of £1.04 billion, a PE ratio of 5.25 and a beta of 1.31. The company’s 50-day moving average price is GBX 93.32 and its 200 day moving average price is GBX 85.98. The company has a debt-to-equity ratio of 45.83, a quick ratio of 0.29 and a current ratio of 0.86.

Currys (LON:CURY) last posted its earnings results on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) EPS for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. On average, sell-side analysts forecast that Currys plc will post 9.5199569 EPS for the current fiscal year.

Insider Activity at Currys

In related news, insider Octavia Morley acquired 35,000 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was purchased at an average price of GBX 90 ($1.14) per share, with a total value of £31,500 ($39,923.95). 10.33% of the stock is owned by insiders.

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.