Witnessing the stock’s movement on the chart, on May 10, 2022, Formula One Group (NASDAQ: FWONK) set off with pace as it heaved 1.69% to $56.53. During the day, the stock rose to $57.25 and sunk to $54.31 before settling in for the price of $55.59 at the close. Taking a more long-term approach, FWONK posted a 52-week range of $42.84-$71.17.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is 95.30%. This publicly-traded company’s shares outstanding now amounts to $203.86 million, simultaneously with a float of $201.58 million. The organization now has a market capitalization sitting at $11.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $63.81, while the 200-day Moving Average is $58.12.
For the Profitability, stocks gross margin was +39.88, operating margin was +17.52 and Pretax Margin of +6.92.
Formula One Group (FWONK) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Broadcasting industry. Formula One Group’s current insider ownership accounts for 2.77%, in contrast to 98.42% institutional ownership. According to the most recent insider trade that took place on May 05, this organization’s 10% Owner bought 1,000 shares at the rate of 26.05, making the entire transaction reach 26,050 in total value, affecting insider ownership by 17,500. Preceding that transaction, on Apr 25, Company’s 10% Owner bought 5,000 for 27.19, making the whole transaction’s value amount to 135,928. This particular insider is now the holder of 10,000 in total.
Formula One Group (FWONK) Earnings and Revenue Records
As on 12/30/2021, Multinational firm has announced its last quarter scores, in which it reported -$0.64 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.08) by -$0.72. This company achieved a net margin of +3.49 while generating a return on equity of 2.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
Formula One Group’s EPS increase for this current 12-month fiscal period is 95.30% and is forecasted to reach 0.12 in the upcoming year.
Formula One Group (NASDAQ: FWONK) Trading Performance Indicators
Let’s observe the current performance indicators for Formula One Group (FWONK). The Stock has managed to achieve an average true range (ATR) of 2.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.28.
In the same vein, FWONK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.00, a figure that is expected to reach 0.11 in the next quarter, and analysts are predicting that it will be 0.12 at the market close of one year from today.
Technical Analysis of Formula One Group (FWONK)
Going through the that latest performance of [Formula One Group, FWONK]. Its last 5-days volume of 1.61 million indicated improvement to the volume of 1.3 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 13.73% While, its Average True Range was 2.60.
Raw Stochastic average of Formula One Group (FWONK) in the period of the previous 100 days is set at 13.17%, which indicates a major rise in contrast to 13.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 47.48% that was higher than 31.47% volatility it exhibited in the past 100-days period.