Formula One Group (OTCMKTS:FWONB – Get Free Report) traded down 0.9% during trading on Friday . The company traded as low as $81.01 and last traded at $81.01. 100 shares changed hands during trading, an increase of 442% from the average session volume of 18 shares. The stock had previously closed at $81.74.
Formula One Group Price Performance
The firm has a market cap of $20.15 billion, a price-to-earnings ratio of 70.44 and a beta of 0.98. The business’s 50-day moving average price is $80.45 and its two-hundred day moving average price is $72.92.
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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