Focusrite (LON:TUNE) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Posted by Linda Flegge on Jun 18th, 2025

Focusrite plc (LON:TUNE – Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 160.14 ($2.15) and traded as high as GBX 184.70 ($2.48). Focusrite shares last traded at GBX 184.70 ($2.48), with a volume of 40,786 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 355 ($4.77) target price on shares of Focusrite in a research note on Thursday, March 20th.

Check Out Our Latest Research Report on Focusrite

Focusrite Trading Up 1.4%

The firm has a market cap of £108.04 million, a price-to-earnings ratio of 9.21, a price-to-earnings-growth ratio of 2.95 and a beta of 1.04. The company has a debt-to-equity ratio of 36.98, a current ratio of 1.57 and a quick ratio of 0.77. The firm’s fifty day moving average is GBX 160.14 and its 200-day moving average is GBX 192.23.

Focusrite (LON:TUNE – Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported GBX 6.70 ($0.09) earnings per share (EPS) for the quarter. Focusrite had a net margin of 6.99% and a return on equity of 10.09%. Equities analysts anticipate that Focusrite plc will post 17.2473868 earnings per share for the current year.

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.