Formula One Group (OTCMKTS:FWONB - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $88.00 and last traded at $88.00, with a volume of 101 shares. The stock had previously closed at $81.01.
Formula One Group Price Performance
The stock has a market cap of $21.89 billion, a P/E ratio of 76.52 and a beta of 0.99. The company's 50 day simple moving average is $82.56 and its 200 day simple moving average is $74.46.
Formula One Group (OTCMKTS:FWONB - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported $0.48 earnings per share for the quarter. The business had revenue of $848.00 million for the quarter. Formula One Group had a return on equity of 1.43% and a net margin of 7.99%.
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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