A new trading day began on Tuesday, with Liberty Media Corp. (NASDAQ: FWONK) stock price up 1.18% from the previous day of trading, before settling in for the closing price of $68.87. FWONK’s price has ranged from $60.95 to $78.58 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 19.91%. Meanwhile, its annual earnings per share averaged 25.96%. With a float of $202.07 million, this company’s outstanding shares have now reached $208.20 million.
Liberty Media Corp. (FWONK) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Liberty Media Corp. is 13.89%, while institutional ownership is 86.18%. The most recent insider transaction that took place on Apr 12 ’24, was worth 10,570,884. In this transaction 10% Owner of this company bought 413,227 shares at a rate of $25.58, taking the stock ownership to the 69,044,244 shares. Before that another transaction happened on Apr 12 ’24, when Company’s 10% Owner bought 317,017 for $25.67, making the entire transaction worth $8,138,334. This insider now owns 34,682,219 shares in total.
Liberty Media Corp. (FWONK) Recent Fiscal highlights
In its latest quarterly report, released on 12/31/2023, the company reported earnings of -0.47 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.96% per share during the next fiscal year.
Liberty Media Corp. (NASDAQ: FWONK) Trading Performance Indicators
Here are Liberty Media Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.08. Likewise, its price to free cash flow for the trailing twelve months is 84.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 1.32 in one year’s time.
Technical Analysis of Liberty Media Corp. (FWONK)
Compared to the last year’s volume of 1.08 million, its volume of 0.75 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.04%. Additionally, its Average True Range was 1.51.
During the past 100 days, Liberty Media Corp.’s (FWONK) raw stochastic average was set at 66.69%, which indicates a significant decrease from 97.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.48% in the past 14 days, which was lower than the 22.93% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $69.98 in the near term. At $70.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $70.80. If the price goes on to break the first support level at $69.15, it is likely to go to the next support level at $68.63. Now, if the price goes above the second support level, the third support stands at $68.33.
Liberty Media Corp. (NASDAQ: FWONK) Key Stats
With a market capitalization of 16.35 billion, the company has a total of 208,247K Shares Outstanding. Currently, annual sales are 12,164 M while annual income is 1,815 M. The company’s previous quarter sales were 1,230 M while its latest quarter income was 60,000 K.
