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
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Formula One Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Formula One Group wasn't on the list.
While Formula One Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.