Currys (OTCMKTS:DSITF) Shares Up 16.6% – Here’s Why

Currys plc (OTCMKTS:DSITFGet Free Report)’s stock price was up 16.6% during mid-day trading on Monday . The company traded as high as $1.97 and last traded at $1.97. Approximately 2,000 shares traded hands during trading, a decline of 7% from the average daily volume of 2,150 shares. The stock had previously closed at $1.69.

Wall Street Analyst Weigh In

DSITF has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Currys in a report on Monday. Citigroup reaffirmed a “buy” rating on shares of Currys in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

View Our Latest Report on Currys

Currys Stock Performance

The firm has a 50 day simple moving average of $1.70 and a two-hundred day simple moving average of $1.71.

Currys Company Profile

(Get Free Report)

Currys (OTCMKTS: DSITF) is a leading multi‐channel retailer of consumer electronics and household appliances, serving both retail and business customers. The company’s product offerings span a broad range of categories, including computing, mobile phones, major domestic appliances, audio-visual equipment and small domestic appliances. Currys operates through a combination of physical stores, e-commerce platforms and click-and-collect services, providing customers with flexible shopping options.

The origins of Currys trace back to the merger of Dixons Retail and Carphone Warehouse in 2014, creating one of Europe’s largest specialist electrical retailers.

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