$1.06M in average volume shows that Liberty Media Corp (FWONK) is heading in the right direction

Liberty Media Corp (NASDAQ: FWONK) on Tuesday, plunged -0.58% from the previous trading day, before settling in for the closing price of $89.02. Within the past 52 weeks, FWONK’s price has moved between $61.23 and $89.77.

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Communication Services Sector giant saw their annual sales surged by 19.91% over the last five years. The company achieved an average annual earnings per share of 73.67%. With a float of $217.25 million, this company’s outstanding shares have now reached $222.24 million.

In terms of profitability, gross margin is 23.97%, operating margin of 10.74%, and the pretax margin is 7.88%.

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 12.65%, while institutional ownership is 88.57%. The most recent insider transaction that took place on Nov 21 ’24, was worth 76,110. In this transaction CAO/PFO of this company sold 1,094 shares at a rate of $69.57, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Director sold 6,312 for $49.91, making the entire transaction worth $315,002. This insider now owns 0 shares in total.

Liberty Media Corp (FWONK) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 73.67% 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 7.68. Likewise, its price to free cash flow for the trailing twelve months is 60.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.27, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.47 in one year’s time.

Technical Analysis of Liberty Media Corp (FWONK)

Analysing the last 5-days average volume posted by the [Liberty Media Corp, FWONK], we can find that recorded value of 1.09 million was lower than the volume posted last year of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 88.09%. Additionally, its Average True Range was 2.13.

During the past 100 days, Liberty Media Corp’s (FWONK) raw stochastic average was set at 92.56%, which indicates a significant increase from 87.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.28% in the past 14 days, which was higher than the 25.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $80.81, while its 200-day Moving Average is $74.85. Now, the first resistance to watch is $89.36. This is followed by the second major resistance level at $90.21. The third major resistance level sits at $91.01. If the price goes on to break the first support level at $87.71, it is likely to go to the next support level at $86.91. Should the price break the second support level, the third support level stands at $86.06.

Liberty Media Corp (NASDAQ: FWONK) Key Stats

Market capitalization of the company is 28.27 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.