Currenc Group Inc (NASDAQ:CURR) shares, rose in value on Wednesday, June 18, with the stock price down by -1.37% to the previous day’s close as strong demand from buyers drove the stock to $0.36.
Actively observing the price movement in the last trading, the stock closed the session at $0.36, falling within a range of $0.3268 and $0.3633. Referring to stock’s 52-week performance, its high was $13.59, and the low was $0.35. On the whole, CURR has fluctuated by -54.40% over the past month.
With the market capitalization of Currenc Group Inc currently standing at about $16.75 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-20.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CURR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CURR currently trading nearly -26.68% and -63.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 19.36, while the 7-day volatility ratio is showing 4.42% which for the 30-day chart, stands at 7.12%. Furthermore, Currenc Group Inc (CURR)’s beta value is -0.51, and its average true range (ATR) is 0.09.
A comparison of Currenc Group Inc (CURR) with its peers suggests the former has fared considerably weaker in the market. CURR showed an intraday change of -1.37% in last session, and over the past year, it shrunk by -96.87%%.
Data on historical trading for Currenc Group Inc (NASDAQ:CURR) indicates that the trading volumes over the past 10 days have averaged 1.01 and over the past 3 months, they’ve averaged 851.97K. According to company’s latest data on outstanding shares, there are 46.53 million shares outstanding.
Nearly 59.35% of Currenc Group Inc’s shares belong to company insiders and institutional investors own 0.26% of the company’s shares. The stock has fallen by -80.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CURR stock heading into the next quarter.
