Currenc Group Inc (NASDAQ: CURR) is -81.73% lower on its value in year-to-date trading and has touched a low of $0.33 and a high of $13.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CURR stock was last observed hovering at around $1.99 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $2.11, the stock is 185.54% and 148.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.91 million and changing 6.03% at the moment leaves the stock 26.42% off its SMA200. CURR registered 17.22% gain for a year compared to 6-month loss of 34.39%. The firm has a 50-day simple moving average (SMA 50) of $0.84902 and a 200-day simple moving average (SMA200) of $1.666825.
The stock witnessed a 322.00% gain in the last 1 month and extending the period to 3 months gives it a 38.82%, and is 158.93% 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 41.04% over the week and 27.06% over the month.
Currenc Group Inc (CURR) has around 333 employees, a market worth around $160.54M and $32.38M in sales. Profit margin for the company is -114.66%. Distance from 52-week low is 545.65% and -84.47% from its 52-week high.
The EPS is expected to grow by 79.61% this year.
Currenc Group Inc (CURR) Top Institutional Holders
The shares outstanding are 46.53M, and float is at 30.93M with Short Float at 0.63%.
