Currenc Group ( (CURR) ) has released a notification of late filing.
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Currenc Group Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the fiscal quarter ending March 31, 2025. The company cites the need for additional time to finalize its financial statements as the primary reason for the delay. Currenc Group expects to file the report within the five-day grace period allowed under Rule 12b-25. The company does not anticipate any significant changes in its financial results compared to the same period last year. The notification was signed by Ronnie Ka Wah Hui, the Chief Executive Officer, who assured ongoing compliance efforts.
The most recent analyst rating on (CURR) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Currenc Group stock, see the CURR Stock Forecast page.
Spark’s Take on CURR Stock
According to Spark, TipRanks’ AI Analyst, CURR is a Underperform.
Currenc Group’s overall stock score is low due to significant financial instability, including declining revenues, persistent losses, and high leverage. Technical analysis indicates bearish momentum, and the valuation is unattractive with a negative P/E ratio. While recent corporate events, such as appointing a new CFO and regaining Nasdaq compliance, are positive, they are not enough to offset the underlying financial weaknesses.
To see Spark’s full report on CURR stock, click here.
More about Currenc Group
Average Trading Volume: 416,195
Technical Sentiment Signal: Sell
Current Market Cap: $48.39M
See more insights into CURR stock on TipRanks’ Stock Analysis page.