Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 50 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 50 shares, the days-to-cover ratio is currently 1.0 days.
Liberty Media Corporation – Liberty Formula One Series B Price Performance
Shares of FWONB stock remained flat at $87.50 during trading hours on Wednesday. The firm has a 50-day moving average price of $87.72 and a 200 day moving average price of $83.12. The company has a market capitalization of $21.92 billion, a PE ratio of 128.68 and a beta of 0.35. Liberty Media Corporation – Liberty Formula One Series B has a 1 year low of $73.00 and a 1 year high of $96.00.
Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter.
Liberty Media Corporation – Liberty Formula One Series B Company Profile
Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the global motorsport championship. Through Formula 1, the group manages and commercializes the series’ commercial rights, including race promotion, media and broadcasting rights, sponsorships, licensing, and digital and hospitality activities.
Formula 1 organizes a worldwide racing calendar featuring events across Europe, the Americas, Asia, the Middle East, and Australia. Its business serves international audiences, race promoters, broadcasters, sponsors, teams, and motorsport fans through live events, media programming, branded merchandise, digital content, and related experiences.
Liberty Media acquired control of Formula 1 in 2017 from funds managed by CVC Capital Partners.
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