Currenc Group Inc (NASDAQ: CURR) is -80.77% 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 $1.87 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $2.24, the stock is 60.38% and 145.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 19.79% at the moment leaves the stock 38.97% off its SMA200. CURR registered 24.44% gain for a year compared to 6-month loss of 5.16%. The firm has a 50-day simple moving average (SMA 50) of $0.91126 and a 200-day simple moving average (SMA200) of $1.608775.
The stock witnessed a 345.33% gain in the last 1 month and extending the period to 3 months gives it a 53.42%, and is 48.34% 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 17.20% over the week and 26.14% over the month.
Currenc Group Inc (CURR) has around 333 employees, a market worth around $170.43M and $32.38M in sales. Profit margin for the company is -114.66%. Distance from 52-week low is 585.43% and -83.52% from its 52-week high.
The EPS is expected to grow by 79.61% this year
The shares outstanding are 46.53M, and float is at 16.07M with Short Float at 13.06%.
