Focusrite (LON:TUNE – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report released on Friday, Digital Look reports. They currently have a GBX 410 ($5.41) target price on the stock. Berenberg Bank’s target price points to a potential upside of 37.24% from the company’s previous close.
Focusrite Stock Up 0.4 %
LON TUNE traded up GBX 1.26 ($0.02) on Friday, hitting GBX 298.76 ($3.94). 71,944 shares of the company were exchanged, compared to its average volume of 85,364. Focusrite has a 12 month low of GBX 245 ($3.23) and a 12 month high of GBX 610 ($8.04). The company has a current ratio of 1.53, a quick ratio of 0.77 and a debt-to-equity ratio of 30.62. The company has a market cap of £175.04 million, a PE ratio of 1,493.78, a PEG ratio of 2.95 and a beta of 1.12. The stock has a fifty day moving average of GBX 373.96 and a 200-day moving average of GBX 376.36.
Focusrite Company Profile
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