Focusrite (LON:TUNE) Insider Purchases £174,560 in Stock

Focusrite plc (LON:TUNEGet Free Report) insider Ian Barkshire acquired 87,280 shares of the stock in a transaction dated Monday, June 29th. The stock was bought at an average price of GBX 200 per share, with a total value of £174,560.

Focusrite Stock Up 12.5%

Focusrite stock opened at GBX 225 on Tuesday. The company has a market capitalization of £130.66 million, a PE ratio of 25.00, a PEG ratio of 2.95 and a beta of 1.08. Focusrite plc has a 12-month low of GBX 150 and a 12-month high of GBX 255. The firm’s fifty day moving average is GBX 192.63 and its 200 day moving average is GBX 208.71. The company has a quick ratio of 0.77, a current ratio of 3.11 and a debt-to-equity ratio of 25.72.

Focusrite (LON:TUNEGet Free Report) last posted its quarterly earnings results on Monday, June 29th. The company reported GBX 15.04 EPS for the quarter. The business had revenue of £245.51 million during the quarter. Focusrite had a net margin of 3.18% and a return on equity of 4.61%. As a group, sell-side analysts predict that Focusrite plc will post 17.2473868 EPS for the current fiscal year.

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.

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