Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) Sets New 1-Year High – Here’s Why

Shares of Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) hit a new 52-week high on Thursday. The company traded as high as $105.00 and last traded at $104.99, with a volume of 879 shares changing hands. The stock had previously closed at $87.50.

Liberty Media Corporation – Liberty Formula One Series B Trading Down 0.7%

The firm has a 50-day moving average of $87.33 and a two-hundred day moving average of $83.41. The firm has a market cap of $26.11 billion, a price-to-earnings ratio of 119.82 and a beta of 0.26.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.43 EPS for the quarter.

About Liberty Media Corporation – Liberty Formula One Series B

Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the international motorsport series. Through Formula 1 and related subsidiaries, the group manages the commercial rights to the FIA Formula One World Championship, including race promotion, media and broadcasting rights, sponsorships, digital content, licensing, and hospitality activities.

Formula 1 serves a global audience through a championship staged across multiple regions, including Europe, the Americas, the Middle East, and the Asia-Pacific area.