Is Currenc Group Inc (NASDAQ: CURR) Proving The Doubters Wrong?

Currenc Group Inc (CURR) concluded trading on Wednesday at a closing price of $1.58, with 6.58 million shares of worth about $10.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -85.91% during that period and on February 19, 2025 the price saw a loss of about -7.06%. Currently the company’s common shares owned by public are about 46.53M shares, out of which, 18.91M shares are available for trading.

Stock saw a price change of 19.70% in past 5 days and over the past one month there was a price change of -28.83%. Year-to-date (YTD), CURR shares are showing a performance of -12.22% which decreased to -85.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.18 but also hit the highest price of $13.59 during that period. The average intraday trading volume for Currenc Group Inc shares is 5.71 million. The stock is currently trading -0.63% below its 20-day simple moving average (SMA20), while that difference is down -9.89% for SMA50 and it goes to -73.73% lower than SMA200.

Currenc Group Inc (NASDAQ: CURR) currently have 46.53M outstanding shares and institutions hold larger chunk of about 0.01% of that.

The stock has a current market capitalization of $73.52M and its 3Y-monthly beta is at -0.26. It has posted earnings per share of -$0.01 in the same period. It has Quick Ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CURR, volatility over the week remained 25.99% while standing at 14.50% over the month.

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