Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) Stock Price Down 1.1% – Should You Sell?

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB)’s share price dropped 1.1% on Tuesday . The company traded as low as $90.00 and last traded at $90.00. Approximately 100 shares changed hands during mid-day trading, an increase of 324% from the average daily volume of 24 shares. The stock had previously closed at $91.00.

Liberty Media Corporation – Liberty Formula One Series B Stock Down 1.1%

The firm has a market cap of $22.45 billion, a price-to-earnings ratio of -225.00 and a beta of 0.42. The business’s fifty day moving average is $89.11 and its two-hundred day moving average is $83.81.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $400.00 million during the quarter.

Liberty Media Corporation – Liberty Formula One Series B 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.