Currenc Group Inc (NASDAQ:CURR) concluded the trading at $1.45 on current market day with a fall of -4.61% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.52 with its price kept floating in the range of $1.4118 and $1.59 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 297.37% in its value.
With its current market valuation of $110.32 million, Currenc Group Inc is set to declare its quarterly results on 2025-May-20. Analysts are in estimates of -0.04 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -0.21 for current year with estimates of that growing to -0.1 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 10.4M. They suggested that in the process company could generate revenue of as low as 10.4M which could climb up to 10.4M to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 43.2M in current fiscal year, which will be -6.97% less from revenue generated by the company last year.
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 22.55% away from its 20-day simple moving average and is 66.61% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 57.92 while volatility remained at 11.08% over the past week which changes to 30.74% when measuring it over the past month. Beta is valued at -0.23. 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 -141.38% above from estimated low price target while it is -141.38% below the estimated high; and even if the CURR’s share succeeded to reach the median price of $3.5, then the outlook of -141.38% 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 4.27 million, while it jumped to 5231450 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 78.88% while it is 0.16% for the institutional holders. Subtraction of -87.56% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
