Formula One Group (OTCMKTS:FWONB – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $66.50 and last traded at $66.50, with a volume of 0 shares. The stock had previously closed at $66.50.
Formula One Group Stock Performance
The business has a fifty day moving average of $64.68 and a 200-day moving average of $61.12. The company has a market cap of $15.63 billion, a PE ratio of 48.54 and a beta of 0.96. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.32 earnings per share for the quarter. Formula One Group had a net margin of 10.94% and a return on equity of 1.92%. The business had revenue of $550.00 million for 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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