Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $87.05 and traded as high as $105.00. Liberty Media Corporation – Liberty Formula One Series B shares last traded at $104.99, with a volume of 880 shares traded.
Liberty Media Corporation – Liberty Formula One Series B Price Performance
The stock has a market cap of $26.11 billion, a P/E ratio of 119.82 and a beta of 0.26. The firm’s 50-day moving average price is $87.33 and its 200-day moving average price is $83.41.
Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.43 EPS for the quarter.
About Liberty Media Corporation – Liberty Formula One Series B
Liberty Formula One Series B is a tracking stock of Liberty Media Corporation. It is intended to reflect the performance of Liberty Media’s Formula One Group rather than represent shares in a separate operating company. The group’s principal businesses include Formula 1, which promotes the FIA Formula One World Championship and manages its commercial rights, including media, sponsorship, race promotion, licensing and hospitality activities.
Liberty Media acquired Formula 1 in 2017. The championship serves a global audience, with races and commercial partnerships spanning multiple regions.
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