Formula One Group (OTCMKTS:FWONB – Get Free Report) was down 0.9% during trading on Friday . The stock traded as low as $81.01 and last traded at $81.01. Approximately 100 shares traded hands during trading, an increase of 442% from the average daily volume of 18 shares. The stock had previously closed at $81.74.
Formula One Group Trading Down 0.9 %
The firm has a market capitalization of $20.15 billion, a PE ratio of 70.44 and a beta of 0.98. The firm’s fifty day moving average price is $80.45 and its 200 day moving average price is $72.86.
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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