Formula One Group (OTCMKTS:FWONB - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $90.00 and last traded at $90.00, with a volume of 100 shares traded. The stock had previously closed at $80.00.
Formula One Group Price Performance
The firm's 50-day moving average price is $77.54 and its 200-day moving average price is $81.12. The company has a market cap of $22.43 billion, a price-to-earnings ratio of 78.26 and a beta of 0.64.
Formula One Group (OTCMKTS:FWONB - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.05 earnings per share for the quarter. Formula One Group had a net margin of 7.99% and a return on equity of 1.43%. The firm had revenue of $400.00 million during the quarter.
About Formula One Group
(
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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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