Focusrite (LON:TUNE) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Posted by Amy Steele on Feb 11th, 2025

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 ($2.96) and traded as low as GBX 182 ($2.25). Focusrite shares last traded at GBX 182 ($2.25), with a volume of 1,342,262 shares changing hands.

Focusrite Stock Performance

The firm has a 50-day moving average of GBX 239.68 and a two-hundred day moving average of GBX 272.27. 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 company has a market capitalization of £108.36 million, a PE ratio of 924.75, a PEG ratio of 2.95 and a beta of 1.04.

Focusrite (LON:TUNE – Get Free Report) last announced its quarterly earnings results on Wednesday, November 27th. The company reported GBX 18.30 ($0.23) earnings per share for the quarter. Focusrite had a return on equity of 10.33% and a net margin of 6.99%. Research analysts anticipate that Focusrite plc will post 17.2473868 EPS for the current year.

Focusrite Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, December 24th were given a dividend of GBX 4.50 ($0.06) per share. This is a boost from Focusrite’s previous dividend of $2.10. This represents a yield of 1.74%. The ex-dividend date was Tuesday, December 24th. Focusrite’s dividend payout ratio (DPR) is currently 3,500.00%.

About Focusrite

(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.