Shares of Formula One Group (OTCMKTS:FWONB – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $88.00 and last traded at $88.00, with a volume of 101 shares traded. The stock had previously closed at $81.01.
Formula One Group Stock Up 8.6 %
The stock has a market capitalization of $21.89 billion, a PE ratio of 76.52 and a beta of 0.98. The firm has a 50 day moving average price of $81.78 and a 200-day moving average price of $73.88.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.48 EPS for the quarter. Formula One Group had a net margin of 7.99% and a return on equity of 1.43%. The business had revenue of $848.00 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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