Formula One Group (OTCMKTS:FWONB – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $74.00 and last traded at $74.00, with a volume of 0 shares trading hands. The stock had previously closed at $74.00.
Formula One Group Price Performance
The stock has a market capitalization of $17.39 billion, a PE ratio of 69.81 and a beta of 0.99. The firm’s 50 day simple moving average is $70.38 and its 200 day simple moving average is $67.14.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.10 earnings per share 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.
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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