CURRENC Group (NASDAQ:CURR) Releases Earnings Results

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

CURRENC Group Stock Performance

Shares of NASDAQ CURR traded down $0.04 during mid-day trading on Monday, reaching $1.55. 22,108 shares of the company traded hands, compared to its average volume of 2,352,168. The company’s fifty day moving average is $1.81 and its two-hundred day moving average is $1.92. CURRENC Group has a fifty-two week low of $1.19 and a fifty-two week high of $7.08.

Analyst Upgrades and Downgrades

CURR has been the topic of several recent research reports. Roth Mkm assumed coverage on shares of CURRENC Group in a research note on Wednesday, March 5th. They issued a “buy” rating and a $3.50 price objective on the stock. UBS Group set a $3.50 price objective on CURRENC Group in a research report on Wednesday, March 5th. Finally, Roth Capital raised shares of CURRENC Group to a “strong-buy” rating in a research note 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.