Shares of Focusrite plc (
LON:TUNE -
Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 163.56 ($2.22) and traded as low as GBX 156 ($2.12). Focusrite shares last traded at GBX 156.10 ($2.12), with a volume of 27,232 shares trading hands.
Focusrite Trading Down 2.4%
The firm has a market capitalization of £91.51 million, a price-to-earnings ratio of 4,591.18, a price-to-earnings-growth ratio of 2.95 and a beta of 1.04. The firm's 50 day moving average is GBX 162.55 and its 200 day moving average is GBX 163.56. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 36.98.
Focusrite Company Profile
(
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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.
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