Liberty Media Corp. (NASDAQ: FWONK) on Friday, soared 0.58% from the previous trading day, before settling in for the closing price of $79.82. Within the past 52 weeks, FWONK’s price has moved between $61.23 and $82.23.
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A company in the Communication Services sector has jumped its sales by 19.91% annually for the last half of the decade. The company achieved an average annual earnings per share of 38.44%. With a float of $204.85 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 Updates
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of Liberty Media Corp. is 13.28%, while institutional ownership is 89.10%. The most recent insider transaction that took place on Sep 30 ’24, was worth 315,002. In this transaction Director of this company sold 6,312 shares at a rate of $49.91, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 25 ’24, when Company’s Director sold 1,604 for $47.41, making the entire transaction worth $76,052. This insider now owns 5,274 shares in total.
Liberty Media Corp. (FWONK) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.39 earnings per share (EPS) for the period topping the consensus outlook (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 38.44% per share during the next fiscal year.
Liberty Media Corp. (NASDAQ: FWONK) Trading Performance Indicators
Liberty Media Corp. (FWONK) is currently performing well based on its current performance indicators. A quick ratio of 1.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.19. Likewise, its price to free cash flow for the trailing twelve months is 44.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.39 in one year’s time.
Technical Analysis of Liberty Media Corp. (FWONK)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was inferior than the volume of 1.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.81%. Additionally, its Average True Range was 1.48.
During the past 100 days, Liberty Media Corp.’s (FWONK) raw stochastic average was set at 83.64%, which indicates a significant decrease from 94.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.96% in the past 14 days, which was higher than the 22.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.26, while its 200-day Moving Average is $72.17. However, in the short run, Liberty Media Corp.’s stock first resistance to watch stands at $80.71. Second resistance stands at $81.13. The third major resistance level sits at $81.66. If the price goes on to break the first support level at $79.76, it is likely to go to the next support level at $79.23. Assuming the price breaks the second support level, the third support level stands at $78.81.
Liberty Media Corp. (NASDAQ: FWONK) Key Stats
Market capitalization of the company is 18.96 billion based on 235,033K outstanding shares. Right now, sales total 12,164 M and income totals 1,815 M. The company made 988,000 K in profit during its latest quarter, and 24,000 K in sales during its previous quarter.
