Shares of Hipgnosis Songs (LON:SONG – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 101.80 ($1.26) and last traded at GBX 101.40 ($1.25), with a volume of 635065000 shares traded. The stock had previously closed at GBX 91.52 ($1.13).
Hipgnosis Songs Stock Up 0.3 %
The business’s 50 day moving average is GBX 67.72 and its 200 day moving average is GBX 69.66. The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of -1,122.22 and a beta of 0.27. The company has a debt-to-equity ratio of 45.03, a quick ratio of 2.87 and a current ratio of 2.69.
About Hipgnosis Songs
Hipgnosis Songs Fund Limited is a closed-ended fund launched and managed by The Family (Music) Limited. The fund invests in songs and associated musical intellectual property rights, including master recordings and producer royalties. Hipgnosis Songs Fund Limited was formed in 2018 and is domiciled in Guernsey.
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