Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 50 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 50 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are short sold.
Liberty Media Corporation – Liberty Formula One Series B Price Performance
Shares of FWONB stock opened at $87.50 on Tuesday. The firm has a market cap of $21.92 billion, a P/E ratio of 128.68 and a beta of 0.35. The business has a 50-day moving average price of $87.61 and a two-hundred day moving average price of $83.06. Liberty Media Corporation – Liberty Formula One Series B has a 12-month low of $73.00 and a 12-month high of $96.00.
Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter.
Liberty Media Corporation – Liberty Formula One Series B Company Profile
Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the global motorsport championship. Through Formula 1, the group manages and commercializes the series’ commercial rights, including race promotion, media and broadcasting rights, sponsorships, licensing, and digital and hospitality activities.
Formula 1 organizes a worldwide racing calendar featuring events across Europe, the Americas, Asia, the Middle East, and Australia. Its business serves international audiences, race promoters, broadcasters, sponsors, teams, and motorsport fans through live events, media programming, branded merchandise, digital content, and related experiences.
Liberty Media acquired control of Formula 1 in 2017 from funds managed by CVC Capital Partners.
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