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

Shares of Currys plc (LON:CURY) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 86.67 ($1.08) and traded as high as GBX 91.15 ($1.14). Currys shares last traded at GBX 90.50 ($1.13), with a volume of 2,217,497 shares trading hands.

Wall Street Analyst Weigh In

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

Currys Price Performance

The stock has a market cap of £996.66 million, a price-to-earnings ratio of 4,410.00 and a beta of 1.31. The company has a current ratio of 0.84, a quick ratio of 0.29 and a debt-to-equity ratio of 49.81. The company’s fifty day moving average is GBX 87.13 and its two-hundred day moving average is GBX 83.19.

Currys (LON:CURY) last issued its quarterly earnings data on Thursday, December 12th. The company reported GBX (0.70) (($0.01)) earnings per share for the quarter. Currys had a net margin of 1.95% and a return on equity of 1.36%. As a group, research analysts predict that Currys plc will post 9.5199569 earnings per share for the current year.

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.