CURRENC Group (NASDAQ:CURR) Announces Earnings Results

CURRENC Group (NASDAQ:CURR) issued its earnings results on Monday. The company reported ($0.70) earnings per share for the quarter, Zacks reports.

CURRENC Group Trading Down 2.5 %

Shares of CURRENC Group stock traded down $0.04 during trading hours on Monday, reaching $1.55. The company’s stock had a trading volume of 22,108 shares, compared to its average volume of 2,352,168. CURRENC Group has a one year low of $1.19 and a one year high of $7.08. The company’s 50 day simple moving average is $1.81 and its 200 day simple moving average is $1.92.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CURR. Roth Mkm started coverage on shares of CURRENC Group in a research report on Wednesday, March 5th. They set a “buy” rating and a $3.50 price target for the company. UBS Group set a $3.50 price target on CURRENC Group in a research note on Wednesday, March 5th. Finally, Roth Capital raised CURRENC Group to a “strong-buy” rating in a report on Wednesday, March 5th.

About CURRENC Group

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.