Hipgnosis Songs (LON:SONG – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock 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 Price Performance
The firm’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 PE ratio of -1,122.22 and a beta of 0.27. The company has a quick ratio of 2.87, a current ratio of 2.69 and a debt-to-equity ratio of 45.03.
Hipgnosis Songs Company Profile
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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