Shares of Formula One Group (OTCMKTS:FWONB – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $74.00 and last traded at $74.00, with a volume of 100 shares trading hands. The stock had previously closed at $69.00.
Formula One Group Price Performance
The business’s 50-day moving average price is $69.06 and its 200-day moving average price is $65.95. The firm has a market capitalization of $17.39 billion, a PE ratio of 54.01 and a beta of 0.99.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $853.00 million during the quarter. Formula One Group had a net margin of 7.93% and a return on equity of 1.44%.
Formula One Group Company Profile
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.
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