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Liberty Media Corporation - Liberty Formula One Series B (OTCMKTS:FWONB) Trading Up 14% - Here's Why

Liberty Media Corporation - Liberty Formula One Series B logo with Consumer Discretionary background

Shares of Liberty Media Corporation - Liberty Formula One Series B (OTCMKTS:FWONB - Get Free Report) traded up 14% on Tuesday . The stock traded as high as $91.75 and last traded at $91.75. 100 shares changed hands during mid-day trading, an increase of 13,233% from the average session volume of 1 shares. The stock had previously closed at $80.50.

Liberty Media Corporation - Liberty Formula One Series B Stock Performance

The firm has a market capitalization of $22.89 billion, a PE ratio of -229.38 and a beta of 0.41. The company has a fifty day simple moving average of $86.53 and a two-hundred day simple moving average of $83.00.

Liberty Media Corporation - Liberty Formula One Series B (OTCMKTS:FWONB - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $400.00 million during the quarter.

About Liberty Media Corporation - Liberty Formula One Series B

(Get Free Report)

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.

Further Reading

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