Formula One Group (OTCMKTS:FWONB – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $74.00 and last traded at $74.00, with a volume of 0 shares changing hands. The stock had previously closed at $74.00.
Formula One Group Price Performance
The company has a market capitalization of $17.39 billion, a P/E ratio of 54.01 and a beta of 0.99. The business has a fifty day moving average price of $69.18 and a 200 day moving average price of $66.14.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $853.00 million for the quarter. Formula One Group had a return on equity of 1.44% and a net margin of 7.93%.
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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