Currys (OTCMKTS:DSITF) Stock Price Up 1.5% – Still a Buy?

Currys plc (OTCMKTS:DSITF) rose 1.5% during trading on Thursday . The stock traded as high as $2.00 and last traded at $2.00. Approximately 2,500 shares changed hands during trading, a decline of 27% from the average daily volume of 3,430 shares. The stock had previously closed at $1.97.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Currys from a “buy” rating to a “hold” rating in a research note on Friday, May 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Currys Stock Performance

The stock’s 50 day simple moving average is $1.78 and its 200-day simple moving average is $1.81.

About Currys

Currys (OTCMKTS: DSITF) is a leading multi‐channel retailer of consumer electronics and household appliances, serving both retail and business customers. The company’s product offerings span a broad range of categories, including computing, mobile phones, major domestic appliances, audio-visual equipment and small domestic appliances. Currys operates through a combination of physical stores, e-commerce platforms and click-and-collect services, providing customers with flexible shopping options.

The origins of Currys trace back to the merger of Dixons Retail and Carphone Warehouse in 2014, creating one of Europe’s largest specialist electrical retailers.