Liberty Media Corp (NASDAQ: FWONK) on Friday, plunged -3.42% from the previous trading day, before settling in for the closing price of $84.50. Within the past 52 weeks, FWONK’s price has moved between $61.23 and $86.65.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 19.91%. The company achieved an average annual earnings per share of 67.72%. With a float of $217.26 million, this company’s outstanding shares have now reached $248.71 million.
In terms of profitability, gross margin is 25.09%, operating margin of 10.66%, and the pretax margin is 8.43%.
Liberty Media Corp (FWONK) Insider Activity
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 88.49%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 67.72% 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 2.89 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 6.79. Likewise, its price to free cash flow for the trailing twelve months is 53.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.27, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.37 in one year’s time.
Technical Analysis of Liberty Media Corp (FWONK)
Looking closely at Liberty Media Corp (NASDAQ: FWONK), its last 5-days average volume was 1.54 million, which is a jump from its year-to-date volume of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 66.04%. Additionally, its Average True Range was 2.34.
During the past 100 days, Liberty Media Corp’s (FWONK) raw stochastic average was set at 69.13%, which indicates a significant increase from 29.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.97% in the past 14 days, which was higher than the 24.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.79, while its 200-day Moving Average is $73.79. However, in the short run, Liberty Media Corp’s stock first resistance to watch stands at $83.46. Second resistance stands at $85.31. The third major resistance level sits at $86.27. If the price goes on to break the first support level at $80.65, it is likely to go to the next support level at $79.69. Should the price break the second support level, the third support level stands at $77.84.
Liberty Media Corp (NASDAQ: FWONK) Key Stats
Market capitalization of the company is 24.97 billion based on 222,287K outstanding shares. Right now, sales total 12,164 M and income totals 1,815 M. The company made 911,000 K in profit during its latest quarter, and 117,000 K in sales during its previous quarter.
