Formula One Group (OTCMKTS:FWONB – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $74.00 and last traded at $74.00, with a volume of 100 shares. The stock had previously closed at $69.00.
Formula One Group Trading Up 7.2 %
The firm has a 50-day simple moving average of $68.80 and a 200-day simple moving average of $65.84. The firm has a market cap of $17.39 billion, a P/E 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 EPS for the quarter. Formula One Group had a net margin of 7.93% and a return on equity of 1.44%. The business 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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