Currenc Group (NASDAQ:CURR) Receives Sell (E+) Rating from Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of Currenc Group (NASDAQ:CURR) in a research note published on Thursday,Weiss Ratings reports.

Separately, Zacks Research upgraded shares of Currenc Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $3.50.

Currenc Group Stock Up 15.1%

NASDAQ CURR opened at $2.89 on Thursday. Currenc Group has a 52 week low of $0.33 and a 52 week high of $7.08. The firm has a market cap of $134.47 million, a PE ratio of -2.73 and a beta of -0.13. The company has a 50 day moving average price of $1.74 and a 200 day moving average price of $1.40.

Currenc Group (NASDAQ:CURR) last issued its quarterly earnings results on Monday, August 4th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The business had revenue of $8.71 million for the quarter, compared to analyst estimates of $10.40 million.

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.