Shares of Currenc Group Inc. (NASDAQ:CURR – Get Free Report) traded up 6.3% during trading on Monday . The company traded as high as $3.95 and last traded at $3.86. 223,210 shares traded hands during trading, an increase of 45% from the average daily volume of 154,141 shares. The stock had previously closed at $3.63.
Analyst Upgrades and Downgrades
Separately, UBS Group initiated coverage on shares of Currenc Group in a report on Wednesday, June 24th. They issued a “reduce” rating on the stock. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
View Our Latest Stock Analysis on Currenc Group
Currenc Group Price Performance
Institutional Trading of Currenc Group
Several hedge funds have recently added to or reduced their stakes in CURR. Two Sigma Investments LP bought a new stake in Currenc Group in the 3rd quarter valued at $100,000. XTX Topco Ltd grew its holdings in Currenc Group by 66.5% in the 4th quarter. XTX Topco Ltd now owns 42,104 shares of the company’s stock valued at $75,000 after buying an additional 16,821 shares in the last quarter. Virtu Financial LLC bought a new position in Currenc Group during the 4th quarter worth $31,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Currenc Group during the first quarter worth $152,000. 56.01% of the stock is owned by institutional investors and hedge funds.
Currenc Group Company Profile
Currenc Group, Inc engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.
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