Shares of Focusrite PLC (LON:TUNE) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 530 ($6.93) and last traded at GBX 529.99 ($6.93), with a volume of 16879 shares. The stock had previously closed at GBX 520 ($6.79).
The firm has a market capitalization of $297.29 million and a price-to-earnings ratio of 28.84.
About Focusrite (LON:TUNE)
Focusrite Plc develops and markets hardware and software products primarily for professionals and amateur musicians worldwide. It operates through Focusrite, Novation, and Distribution segments. The company provides audio interface and other products for audio recording musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesisers, grooveboxes, controllers, and software and apps under the Novation and Ampify brands.
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