Formula One Group (OTCMKTS:FWONB) Shares Down 3.7% - What's Next?

Formula One Group (OTCMKTS:FWONB - Get Free Report) traded down 3.7% on Friday . The company traded as low as $78.00 and last traded at $78.00. 100 shares were traded during mid-day trading, an increase of 0% from the average session volume of 100 shares. The stock had previously closed at $81.00.

Formula One Group Price Performance

The company's 50-day moving average price is $83.76 and its 200-day moving average price is $79.61. The firm has a market cap of $17.95 billion, a price-to-earnings ratio of 62.61 and a beta of 0.64.

Formula One Group (OTCMKTS:FWONB - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($1.03) earnings per share for the quarter. The company had revenue of $1.07 billion for 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.