Formula One Group (OTCMKTS:FWONB – Get Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $85.00 and last traded at $85.00, with a volume of 0 shares traded. The stock had previously closed at $85.00.
Formula One Group Price Performance
The firm has a market capitalization of $19.98 billion, a price-to-earnings ratio of 73.91 and a beta of 0.99. The firm has a 50 day moving average price of $76.64 and a 200-day moving average price of $70.53.
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.
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