Focusrite plc (LON:TUNE - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 411.12 ($5.20) and traded as low as GBX 310 ($3.92). Focusrite shares last traded at GBX 330 ($4.18), with a volume of 28,344 shares trading hands.
Focusrite Trading Up 2.3 %
The stock's fifty day simple moving average is GBX 407.59 and its two-hundred day simple moving average is GBX 467.56. The firm has a market cap of £197.74 million, a PE ratio of 1,124.87, a PEG ratio of 2.95 and a beta of 1.10. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 29.80.
Insider Transactions at Focusrite
In related news, insider Sally McKone purchased 6,900 shares of Focusrite stock in a transaction dated Tuesday, March 19th. The stock was purchased at an average cost of GBX 292 ($3.70) per share, for a total transaction of £20,148 ($25,500.57). In other Focusrite news, insider Sally McKone bought 6,900 shares of Focusrite stock in a transaction on Tuesday, March 19th. The stock was acquired at an average price of GBX 292 ($3.70) per share, with a total value of £20,148 ($25,500.57). Also, insider Timothy Paul Carrol purchased 3,386 shares of the firm's stock in a transaction dated Thursday, March 21st. The stock was acquired at an average price of GBX 295 ($3.73) per share, with a total value of £9,988.70 ($12,642.32). Insiders own 37.01% of the company's stock.
About Focusrite
(
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Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.
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