Formula One Group (OTCMKTS:FWONB – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $85.00 and last traded at $85.00, with a volume of 0 shares trading hands. The stock had previously closed at $85.00.
Formula One Group Price Performance
The firm’s 50 day moving average is $75.68 and its 200 day moving average is $70.16. The company has a market cap of $19.98 billion, a PE ratio of 73.91 and a beta of 0.99.
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.
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