Formula One Group (OTCMKTS:FWONB – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $74.00 and last traded at $74.00, with a volume of 0 shares traded. The stock had previously closed at $74.00.
Formula One Group Price Performance
The business has a fifty day moving average price of $69.42 and a two-hundred day moving average price of $66.35. The firm has a market cap of $17.39 billion, a PE ratio of 54.01 and a beta of 0.99.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.10 earnings per share (EPS) for the quarter. Formula One Group had a return on equity of 1.44% and a net margin of 7.93%. The company had revenue of $853.00 million during the quarter.
Formula One Group Company Profile
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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