Currys (LON:CURY) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Currys plc (LON:CURY)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 130.14 and traded as low as GBX 124.60. Currys shares last traded at GBX 130.10, with a volume of 3,506,454 shares changing hands.

More Currys News

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Unrelated celebrity coverage can raise search/retail-volume interest in similarly named tickers, possibly boosting short-term liquidity and attention for CURY. Example mainstream interview coverage that could push retail searches: Curry tells Snoop what continues to motivate him. Curry tells Snoop what continues to motivate him
• Neutral Sentiment: Multiple game- and coach-focused stories (coach ejection, game loss) dominate the feed — high readership but no corporate relevance to Currys plc’s retail operations. Example: Steve Kerr ejected, Stephen Curry fouls out in Warriors’ loss. Steve Kerr ejected, Stephen Curry fouls out in Warriors’ loss
• Neutral Sentiment: Player interviews and human-interest pieces generate headlines but are unrelated to Currys plc’s sales, margins or guidance. Example: Stephen Curry’s humble response to question about ‘changing game forever.’ Stephen Curry’s humble response
• Neutral Sentiment: Feature stories and performance recaps (legacy records, season performance) are popular with readers but have no measurable bearing on retail electronics demand or Currys’ fundamentals. Example: Legacy hoops — Steph, Dell Curry set record for most combined games by father-son duo. Legacy hoops article
• Negative Sentiment: Name-confusion risk: opinion pieces noting curious name overlaps can encourage misclicks or trading errors, which can create short-term volatility or misleading volume in CURY unrelated to fundamentals. See: For places and spaces, what’s in a name? Consider the curious cases of Steph Curry and Donald Trump. Name confusion opinion piece

Wall Street Analysts Forecast Growth

CURY has been the topic of a number of recent analyst reports. Berenberg Bank lifted their price target on Currys from GBX 200 to GBX 210 and gave the company a “buy” rating in a report on Thursday, December 18th. Citigroup raised their target price on Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 168.67.

Currys Price Performance

The business’s 50-day simple moving average is GBX 130.14 and its 200 day simple moving average is GBX 127.04. The company has a market capitalization of £1.37 billion, a P/E ratio of 11.22 and a beta of 1.31. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 45.83.

Currys (LON:CURY) last posted its quarterly earnings data on Thursday, December 18th. The company reported GBX 1.60 EPS for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. As a group, sell-side analysts anticipate that Currys plc will post 9.5199569 EPS for the current year.

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.