Currenc Group Inc (NASDAQ:CURR) at last check was buoying at $0.63 on current market day with a rise of 4.23% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.6 with its price kept floating in the range of $0.5201 and $0.6434 on the day. Considering stock’s 52-week price range provides that CURR hit a high price of $13.59 and saw its price falling to a low level of $0.33 during that period. Over a period of past 1-month, stock came adding 20.37% in its value.
In contrast, when we review CURR stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
Digging deeper we become aware of the PEG ratio of the CURR stock which is currently positioned at 0. It further provides that stock’s current price level is 25.08% away from its 20-day simple moving average and is -27.94% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 51.29 while volatility remained at 43.95% over the past week which changes to 20.51% when measuring it over the past month. Beta is valued at -0.46. In predicting price targets of as low as $3.5 and as high as $3.5, analysts are in agreement on assigning the stock over the next 12 months average price target of $3.5. Stock’s current price level is -455.56% above from estimated low price target while it is -455.56% below the estimated high; and even if the CURR’s share succeeded to reach the median price of $3.5, then the outlook of -455.56% could come to the excitement of the investors.
Having a second look at Currenc Group Inc (NASDAQ:CURR) provides that stock’s average daily trading volume for 3 months was 3.24 million, while it jumped to 15541490 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 46.53 million.
The percentage of outstanding shares held by the insiders is 59.35% while it is 0.26% for the institutional holders. Subtraction of -94.61% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
