Formula One Group (OTCMKTS:FWONB - Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($1.03) EPS for the quarter, Zacks reports. The firm had revenue of $1.07 billion during the quarter. Formula One Group had a net margin of 7.99% and a return on equity of 1.43%.
Formula One Group Price Performance
Shares of Formula One Group stock remained flat at $85.00 during trading on Monday. The stock had a trading volume of 36 shares, compared to its average volume of 100. The company has a market cap of $21.14 billion, a P/E ratio of 73.91 and a beta of 0.99. The business's 50 day simple moving average is $84.31 and its two-hundred day simple moving average is $77.32. Formula One Group has a 12 month low of $58.51 and a 12 month high of $88.00.
About Formula One Group
(
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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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