Currys (OTCMKTS:DSITF) Stock Price Up 1.5% – Still a Buy?

Currys plc (OTCMKTS:DSITF)’s stock price shot up 1.5% during trading on Thursday . The company traded as high as $2.00 and last traded at $2.00. 2,500 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 3,430 shares. The stock had previously closed at $1.97.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut shares of Currys from a “buy” rating to a “hold” rating in a research note on Friday, May 29th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Currys presently has an average rating of “Moderate Buy”.

Currys Trading Up 1.5%

The business’s 50 day moving average is $1.78 and its 200 day moving average is $1.81.

About Currys

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.