Focusrite plc (LON:TUNE - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 165.38 ($2.25) and traded as low as GBX 162.10 ($2.20). Focusrite shares last traded at GBX 170 ($2.31), with a volume of 41,662 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 355 ($4.82) target price on shares of Focusrite in a report on Thursday, March 20th.
Check Out Our Latest Report on Focusrite
Focusrite Price Performance
The company has a debt-to-equity ratio of 36.98, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a market capitalization of £100.74 million, a P/E ratio of 8.59, a price-to-earnings-growth ratio of 2.95 and a beta of 1.04. The business has a fifty day moving average of GBX 166.63 and a 200-day moving average of GBX 181.20.
Focusrite (LON:TUNE - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported GBX 6.70 ($0.09) EPS for the quarter. Focusrite had a return on equity of 10.09% and a net margin of 6.99%. On average, sell-side analysts forecast that Focusrite plc will post 17.2473868 EPS for the current fiscal year.
Focusrite Company Profile
(
Get Free Report)
Focusrite plc is a global music and audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and amateur musicians alike, our solutions facilitate the high-quality production of recorded and live sound.
We are a rapidly growing group of innovative, market-leading brands, operating across two divisions.
Our Content Creation division is focussed on supporting our customers throughout their music-making journey, by removing barriers to creativity and delivering everything they need to make music.
Further Reading
Before you consider Focusrite, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Focusrite wasn't on the list.
While Focusrite currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.