Liberty Media Corp. (FWONK) is 1.72% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Liberty Media Corp. (NASDAQ: FWONK) opened higher 0.30% from the last session, before settling in for the closing price of $77.16. Price fluctuations for FWONK have ranged from $60.95 to $82.23 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 19.91%. Company’s average yearly earnings per share was noted 39.98% at the time writing. With a float of $204.80 million, this company’s outstanding shares have now reached $208.20 million.

In terms of profitability, gross margin is 22.93%, operating margin of 11.03%, and the pretax margin is 8.86%.

Liberty Media Corp. (FWONK) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Liberty Media Corp. is 13.31%, while institutional ownership is 88.86%. The most recent insider transaction that took place on Jun 13 ’24, was worth 1,802,170. In this transaction 10% Owner of this company sold 52,911 shares at a rate of $34.06, taking the stock ownership to the 4,999,007 shares. Before that another transaction happened on Jun 14 ’24, when Company’s 10% Owner sold 12,419 for $33.12, making the entire transaction worth $411,276. This insider now owns 4,986,588 shares in total.

Liberty Media Corp. (FWONK) Latest Financial update

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.39 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.2) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 39.98% per share during the next fiscal year.

Liberty Media Corp. (NASDAQ: FWONK) Trading Performance Indicators

Check out the current performance indicators for Liberty Media Corp. (FWONK). In the past quarter, the stock posted a quick ratio of 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.00. Likewise, its price to free cash flow for the trailing twelve months is 42.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.44 in one year’s time.

Technical Analysis of Liberty Media Corp. (FWONK)

The latest stats from [Liberty Media Corp., FWONK] show that its last 5-days average volume of 1.93 million was superior to 1.21 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 36.80%. Additionally, its Average True Range was 1.81.

During the past 100 days, Liberty Media Corp.’s (FWONK) raw stochastic average was set at 69.49%, which indicates a significant increase from 65.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.48% in the past 14 days, which was higher than the 22.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.18, while its 200-day Moving Average is $69.72. Now, the first resistance to watch is $78.00. This is followed by the second major resistance level at $78.60. The third major resistance level sits at $79.43. If the price goes on to break the first support level at $76.57, it is likely to go to the next support level at $75.74. The third support level lies at $75.14 if the price breaches the second support level.

Liberty Media Corp. (NASDAQ: FWONK) Key Stats

There are currently 235,033K shares outstanding in the company with a market cap of 18.28 billion. Presently, the company’s annual sales total 12,164 M according to its annual income of 1,815 M. Last quarter, the company’s sales amounted to 988,000 K and its income totaled 24,000 K.