Formula One Group (OTCMKTS:FWONB - Get Free Report) was up 2.5% during mid-day trading on Thursday . The stock traded as high as $60.00 and last traded at $60.00. Approximately 250 shares changed hands during trading, a decline of 51% from the average daily volume of 506 shares. The stock had previously closed at $58.51.
Formula One Group Trading Up 2.5 %
The firm has a market capitalization of $14.08 billion, a P/E ratio of 127.66 and a beta of 0.95. The company's fifty day moving average is $61.25 and its 200-day moving average is $58.78. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73.
Formula One Group (OTCMKTS:FWONB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $1.23 billion during the quarter. Formula One Group had a net margin of 5.74% and a return on equity of 0.96%.
About Formula One Group
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Formula One Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Formula One Group wasn't on the list.
While Formula One Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
