Formula One Group (OTCMKTS:FWONB) Trading Down 12.7%

Shares of Formula One Group (OTCMKTS:FWONBGet Rating) fell 12.7% on Thursday . The stock traded as low as $55.00 and last traded at $55.00. 116 shares were traded during mid-day trading, a decline of 36% from the average session volume of 180 shares. The stock had previously closed at $63.00.

Formula One Group Stock Down 12.7 %

The company has a 50 day moving average price of $60.45 and a two-hundred day moving average price of $59.50. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $12.71 billion, a PE ratio of -83.33 and a beta of 1.15.

Formula One Group (OTCMKTS:FWONBGet Rating) last issued its quarterly earnings data on Friday, August 5th. The company reported $0.35 EPS for the quarter. Formula One Group had a negative return on equity of 0.67% and a negative net margin of 4.81%. The company had revenue of $744.00 million during the quarter.

Formula One Group Company Profile

(Get Rating)

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the 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.

Featured Articles

Receive News & Ratings for Formula One Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Formula One Group and related companies with's FREE daily email newsletter.