How to Buy Currenc Group Stock

Currenc Group Inc

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.

Currenc Group stock last closed at $1.39, down 0.71% from the previous day, and has decreased 87.61% in one year. It has underperformed other stocks in the Software - Application industry by 1.13 percentage points. Currenc Group stock is currently +2.21% from its 52-week low of $1.36, and -89.77% from its 52-week high of $13.59.

There are currently 46.53M shares of CURR outstanding. The market value of CURR is $64.67M. In the past 24 hours, 2465 CURR shares were traded.

How to Buy Currenc Group Stock

Wondering how to invest in Currenc Group stock? Here's how.

  1. Figure out where to buy Currenc Group stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Currenc Group stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Research Currenc Group stock: The Currenc Group ticker symbol is CURR. Is Currenc Group stock a good investment? Should you buy shares of CURR? How do CURR's underlying business fundamentals look? Do top analysts think Currenc Group is a good buy? Why has CURR's stock price moved recently? (Hint: Our stock market research tools can help you decide if CURR is a good stock to buy).
  5. Place your CURR purchase: Decide if you will purchase CURR shares at the current market price or use a limit order to buy CURR shares at a specific price.
  6. Get key alerts regarding your CURR position: Create a watchlist to get live updates on your position in Currenc Group shares.

Step 1: Figure out where to buy Currenc Group stock

You need a brokerage account in order to access the NASDAQ market and buy CURR stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy CURR today.

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Step 3: Put funds into your investment account

Now that you have filled out your info on apps for stock market, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of depositing money into your investment account.

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Step 4: Research Currenc Group stock

After you have identified the best place to buy Currenc Group stock, it's important to evaluate their stock before you buy, so you truly wrap your head around the risk and opportunity.

Overview of key CURR info

CURR Price
$1.39
1w %
-7.95%
1y %
-87.61%
5y %
N/A
P/E
-2.17x
P/B
-1.38x
P/S
0.6x
PEG
N/A
Revenue
$88.63M
Earnings
-$29.52M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$64.67M
Next Earnings
N/A
Next Dividend
N/A

Currenc Group Due Diligence Score

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on CURR's stock page.

How is CURR stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge CURR's intrinsic value.

You can access additional valuation research on CURR's stock here.

CURR Financial Summary

Signs that CURR is financially healthy:

  • There are more short-term assets than long-term liabilities on the CURR balance sheet.
  • CURR has cash burn of 26772100. It has enough cash and short-term investments to cover this for at least one year.
  • CURR has $49.10M in cash and short term investments. This is sufficient to cover its annual cash burn of $26.77M.

Signs that CURR is not financially healthy:

  • CURR debt to equity ratio of -2.93 is negative.
  • There are more short-term liabilities than short-term assets on the CURR balance sheet.
  • CURR profit margin has gone down from -27.2% to -33.3% in the past year.
  • Total CURR debt is still negative.

CURR Trading Indicators

SMA10
1.56
SMA20
1.71
SMA50
2
SMA100
4.75
SMA200
8.13
MACD
-0.21
MACD Signal
-0.21
MACD Histogram
-0.01
RSI
29.53
Stochastic %K
6.2
Stochastic %D
7.69
StochRSI %K
27.02
StochRSI %D
28.76

How is CURR performing as a company?

Last year, CURR revenue was $88.63M. During the last 1 years, CURR's revenue has increased by -7.1% per year. This was slower than the Software - Application industry average of 29.14%.

You can analyze CURR's earnings and revenue performance here.

Latest Insiders Trades at CURR

In the past year, executives and large shareholders at CURR have sold more shares than they have bought.

Cowen Inc, 10% Owner of CURR, was the latest CURR insider to sell. They sold $1,141,514.90 worth of CURR stock on Feb 22, 2024.

Dig into more about who owns CURR shares here.

Does CURR provide a stable income stream?

No, Currenc Group doesn't provide an income stream by paying out dividends.

CURR Social Trading Data

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Step 5: Place your CURR purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get key alerts regarding your CURR position

Now that you own some shares in CURR, you'll want to stay up-to-date on your new shares.

Add CURR to a watchlist to keep track of your CURR stock.

CURR Feed

How to Buy Stock in Currenc Group

To summarize, here are the 6 steps for buying Currenc Group stock:

  1. Figure out where to buy Currenc Group stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Currenc Group stock
  5. Place your CURR purchase
  6. Get key alerts regarding your CURR position

If you need a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Currenc Group, add CURR to your watchlist below.

NASDAQ: CURR
$1.39-0.01 (-0.71%)
Updated Dec 11, 2024
Open eToro Account
NASDAQ: CURR
$1.39-0.01 (-0.71%)
Updated Dec 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Currenc Group share?

As of Dec 11, 2024, it costs $1.39 to buy one share of Currenc Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.7, you can buy 0.5 shares of CURR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Currenc Group stock?

One way to place an order for Currenc Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.