Currenc Group Inc (NASDAQ:CURR) does about 637.23K shares in volume on a normal day but saw 17321512 shares change hands in the recent trading day. The company now has a market cap of 22.68M USD. Its current market price is $0.49, marking a decrease of -2.91% compared to the previous close of $0.50. The 52 week high reached by this stock is $13.59 whilst the lowest price level in 52 weeks is $0.46. The script in recent trading has seen the stock touch a high of $3.5 and a low of $3.5.
The consensus objective for the share price is $3.50, suggesting that the stock has a potential upside of 86.0% over the period. The median price target is 86.0% away from the current levels at $3.5.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 05, 2025 when ROTH MKM initiated the stock to “Buy” and issued a price target of $3.50.
The current price level is -52.25%, -64.42%, and -81.80% away from its SMA20, SMA50, and SMA200 respectively, with the CURR price moving above the 50-day SMA on current market day. Currenc Group Inc (CURR) stock is down -38.24% over the week and -68.14% over the past month. Its price is -72.92% year-to-date and -95.73% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.04 and -0.21 for whole year. Expected sales for next quarter are $10.8M, which analysts say will come at $43.2M for the current fiscal year and next year at $52.5M. In addition, estimates put the company’s current quarterly revenue at an average of $10.4M.
Its 12-month price target is $3.5. To reach the target analysts have set, the stock logically needs to grow 86.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $3.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $3.5.
The company has a return on equity of -907.81%. The beta has a value of -0.54. Price to sales ratio is 0.70.
