Currenc Group Inc (NASDAQ: CURR) is -86.44% 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 $1.35 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $1.57, the stock is 72.12% and 82.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 16.30% at the moment leaves the stock -5.05% off its SMA200. CURR registered -12.78% loss for a year compared to 6-month loss of 12.95%. The firm has a 50-day simple moving average (SMA 50) of $0.85914 and a 200-day simple moving average (SMA200) of $1.648125.
The stock witnessed a 215.26% gain in the last 1 month and extending the period to 3 months gives it a 1.09%, and is 50.96% 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 40.16% over the week and 30.54% over the month.
Currenc Group Inc (CURR) has around 333 employees, a market worth around $119.45M and $32.38M in sales. Profit margin for the company is -114.66%. Distance from 52-week low is 380.42% and -88.45% 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 76.08M, and float is at 48.47M with Short Float at 4.33%.
