Currenc Group Inc (NASDAQ: CURR) is 92.22% higher on its value in year-to-date trading and has touched a low of $1.18 and a high of $13.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CURR stock was last observed hovering at around $2.99 in the last trading session, with the day’s gains setting it 0.47%.
Currently trading at $3.46, the stock is 63.05% and 75.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 15.72% at the moment leaves the stock -34.54% off its SMA200. CURR registered -69.02% loss for a year compared to 6-month loss of 24.01%. The firm has a 50-day simple moving average (SMA 50) of $1.9688 and a 200-day simple moving average (SMA200) of $2.101553.
The stock witnessed a 162.12% gain in the last 1 month and extending the period to 3 months gives it a 139.02%, and is 57.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.70% over the week and 15.16% over the month.
Currenc Group Inc (CURR) has around 2 employees, a market worth around $160.99M and $11.26M in sales. Profit margin for the company is -30.63%. Distance from 52-week low is 191.98% and -74.54% from its 52-week high.
The EPS is expected to grow by 57.14% this year
The shares outstanding are 46.53M, and float is at 18.91M with Short Float at 1.33%.
