Formula One Group (OTCMKTS:FWONB – Get Free Report)’s share price fell 0.9% during mid-day trading on Friday . The stock traded as low as $81.01 and last traded at $81.01. 100 shares were traded 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 Stock Down 0.9 %
The firm’s 50-day simple moving average is $80.45 and its 200-day simple moving average is $72.86. The firm has a market capitalization of $20.15 billion, a P/E ratio of 70.44 and a beta of 0.98.
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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