Currys (LON:CURY) Shares Pass Below Two Hundred Day Moving Average of $65.76

Currys plc (LON:CURY – Get Rating) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 65.76 ($0.82) and traded as low as GBX 53.55 ($0.67). Currys shares last traded at GBX 54 ($0.67), with a volume of 1,477,214 shares changing hands.

Wall Street Analyst Weigh In

Separately, Numis Securities reissued a “sell” rating and issued a GBX 45 ($0.56) price target on shares of Currys in a report on Tuesday, February 14th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. Based on data from MarketBeat.com, Currys has a consensus rating of “Hold” and an average price target of GBX 72.50 ($0.90).

Currys Trading Down 1.9 %

The company has a debt-to-equity ratio of 80.13, a quick ratio of 0.29 and a current ratio of 0.85. The company has a 50 day simple moving average of GBX 56.53 and a two-hundred day simple moving average of GBX 65.58. The company has a market cap of £576.30 million, a PE ratio of -113.04 and a beta of 1.34.

Insider Buying and Selling

In related news, insider Alex Baldock sold 185,731 shares of the stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of GBX 59 ($0.73), for a total transaction of £109,581.29 ($136,295.14). 11.22% of the stock is owned by corporate insiders.

About Currys

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Currys Plc operates as a retailer of technology products and services. The company operates through UK & Ireland, Nordics, and Greece segments. 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.