Currys (LON:CURY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Currys plc (LON:CURY)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 131.38 and traded as high as GBX 154.60. Currys shares last traded at GBX 150.70, with a volume of 6,895,448 shares changing hands.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 155 target price on shares of Currys in a research report on Wednesday, May 20th. Berenberg Bank reiterated a “buy” rating and set a GBX 210 target price on shares of Currys in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 177.

Currys Trading Down 0.7%

The company has a current ratio of 0.87, a quick ratio of 0.29 and a debt-to-equity ratio of 40.08. The stock has a market capitalization of £1.55 billion, a P/E ratio of 12.91 and a beta of 1.23. The business has a 50-day moving average price of GBX 131.38 and a two-hundred day moving average price of GBX 135.43.

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. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.