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Focusrite (LON:TUNE) Hits New 1-Year Low - Time to Sell?

Focusrite logo with Consumer Cyclical background
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Focusrite plc (LON:TUNE - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as GBX 180 ($2.33) and last traded at GBX 182.30 ($2.36), with a volume of 18024 shares traded. The stock had previously closed at GBX 185 ($2.40).

Focusrite Stock Down 1.4 %

The company has a market cap of £102.25 million, a price-to-earnings ratio of 8.72, a price-to-earnings-growth ratio of 2.95 and a beta of 1.04. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 36.98. The firm's fifty day moving average price is GBX 203.16 and its 200-day moving average price is GBX 244.17.

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.

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