Formula One Group (OTCMKTS:FWONB – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $66.50 and last traded at $66.50, with a volume of 108 shares trading hands. The stock had previously closed at $60.00.
Formula One Group Price Performance
The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The stock has a market cap of $15.61 billion, a PE ratio of 141.49 and a beta of 0.92. The business has a 50-day moving average price of $61.07 and a 200 day moving average price of $59.05.
Formula One Group (OTCMKTS:FWONB – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $1.23 billion for the quarter. Formula One Group had a return on equity of 0.96% and a net margin of 5.74%.
Formula One Group Company Profile
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.