Focusrite plc (LON:TUNE - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 215 ($2.65) and last traded at GBX 223 ($2.75), with a volume of 31495 shares changing hands. The stock had previously closed at GBX 221 ($2.73).
Focusrite Trading Up 0.9 %
The company has a quick ratio of 0.77, a current ratio of 1.53 and a debt-to-equity ratio of 30.62. The firm has a market cap of £130.66 million, a price-to-earnings ratio of 1,115.00, a PEG ratio of 2.95 and a beta of 1.04. The company has a 50-day moving average price of GBX 255.30 and a 200 day moving average price of GBX 291.61.
Focusrite Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Tuesday, December 24th will be given a GBX 4.50 ($0.06) dividend. This is an increase from Focusrite's previous dividend of $2.10. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 1.74%. Focusrite's dividend payout ratio is presently 3,500.00%.
About Focusrite
(
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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.
Further Reading
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