Focusrite plc (OTCMKTS:FOCIF – Get Free Report) shares dropped 24.5% on Monday . The company traded as low as $2.77 and last traded at $2.77. Approximately 100 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 160 shares. The stock had previously closed at $3.67.
Focusrite Stock Performance
The business has a 50 day simple moving average of $3.63 and a 200-day simple moving average of $4.09.
Focusrite Company Profile
Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.
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