Shares of 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 239.68 ($3.02) and traded as low as GBX 182 ($2.29). Focusrite shares last traded at GBX 182 ($2.29), with a volume of 1,342,262 shares changing hands.
Focusrite Trading Up 0.7 %
The firm has a market capitalization of £109.72 million, a PE ratio of 9.36, a PEG ratio of 2.95 and a beta of 1.04. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 36.98. The stock's fifty day simple moving average is GBX 231.81 and its 200 day simple moving average is GBX 267.63.
Focusrite (LON:TUNE - Get Free Report) last announced its earnings results on Wednesday, November 27th. The company reported GBX 18.30 ($0.23) EPS for the quarter. Focusrite had a net margin of 6.99% and a return on equity of 10.09%. On average, sell-side analysts predict that Focusrite plc will post 17.2473868 earnings per share for the current year.
Focusrite Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Tuesday, December 24th were paid a GBX 4.50 ($0.06) dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Focusrite's previous dividend of $2.10. This represents a dividend yield of 1.74%. Focusrite's dividend payout ratio is 34.86%.
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.
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