Steve Johnson Acquires 40,000 Shares of Currys plc (LON:CURY) Stock

Currys plc (LON:CURY) insider Steve Johnson purchased 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were acquired at an average cost of GBX 73 ($0.92) per share, for a total transaction of £29,200 ($36,933.97).

Currys Trading Up 1.9 %

Shares of CURY opened at GBX 74.30 ($0.94) on Thursday. Currys plc has a twelve month low of GBX 43.02 ($0.54) and a twelve month high of GBX 81.30 ($1.03). The company has a market cap of £839.59 million, a P/E ratio of 1,857.50 and a beta of 1.28. The company has a current ratio of 0.86, a quick ratio of 0.29 and a debt-to-equity ratio of 72.32. The company’s fifty day simple moving average is GBX 71.81 and its 200-day simple moving average is GBX 61.57.

Wall Street Analyst Weigh In

CURY has been the topic of a number of recent research reports. Barclays reaffirmed an “equal weight” rating and set a GBX 67 ($0.85) price target on shares of Currys in a research note on Wednesday, May 15th. Berenberg Bank upped their price target on shares of Currys from GBX 90 ($1.14) to GBX 92 ($1.16) and gave the company a “buy” rating in a research note on Friday, June 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 80 ($1.01) price target on shares of Currys in a research note on Friday, June 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 88.80 ($1.12).

Currys Company Profile

Currys plc operates as a retailer of technology products and services. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services.