Formula One Group (OTCMKTS:FWONB – Get Free Report)’s stock price dropped 3.7% during trading on Friday . The stock traded as low as $78.00 and last traded at $78.00. Approximately 100 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $81.00.
Formula One Group Price Performance
The firm has a fifty day moving average of $84.30 and a 200 day moving average of $79.45. The stock has a market cap of $19.44 billion, a price-to-earnings ratio of 67.83 and a beta of 0.93.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($1.03) earnings per share (EPS) for the quarter. The company had revenue of $1.07 billion during the quarter. Formula One Group had a return on equity of 1.43% and a net margin of 7.99%.
About Formula One Group
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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