Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) Sees Unusually-High Trading Volume – Here’s Why

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) saw an uptick in trading volume on Monday. 477 shares were traded during trading, an increase of 111% from the average daily volume of 226 shares. The stock last traded at $106.12 and had previously closed at $104.99.

Liberty Media Corporation – Liberty Formula One Series B Stock Performance

The company has a market cap of $26.39 billion, a price-to-earnings ratio of 121.10 and a beta of 0.26. The stock’s fifty day simple moving average is $87.95 and its two-hundred day simple moving average is $83.65.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) 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.