$1.47M in average volume shows that Liberty Media Corp (FWONK) is heading in the right direction

On Tuesday, Liberty Media Corp (NASDAQ: FWONK) opened lower -0.60% from the last session, before settling in for the closing price of $91.92. Price fluctuations for FWONK have ranged from $68.43 to $102.33 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Communication Services Sector giant was 20.45%. Company’s average yearly earnings per share was noted 1167.85% at the time writing. With a float of $218.14 million, this company’s outstanding shares have now reached $222.84 million.

Let’s determine the extent of company efficiency that accounts for 1184 employees. In terms of profitability, gross margin is 27.07%, operating margin of 8.19%, and the pretax margin is 0.47%.

Liberty Media Corp (FWONK) Insider Activity

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 12.49%, while institutional ownership is 90.35%. The most recent insider transaction that took place on Dec 16 ’24, was worth 2,536,732. In this transaction President, CEO of this company sold 35,463 shares at a rate of $71.53, taking the stock ownership to the 1,240,785 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 35,463 for $71.62, making the entire transaction worth $2,540,000.

Liberty Media Corp (FWONK) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1167.85% 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 2.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.05. Likewise, its price to free cash flow for the trailing twelve months is 59.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 1.81 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 1.31 million, which is a drop from its year-to-date volume of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 86.83%. Additionally, its Average True Range was 2.90.

During the past 100 days, Liberty Media Corp’s (FWONK) raw stochastic average was set at 59.51%, which indicates a significant decrease from 88.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.21% in the past 14 days, which was lower than the 31.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $87.13, while its 200-day Moving Average is $85.35. However, in the short run, Liberty Media Corp’s stock first resistance to watch stands at $92.35. Second resistance stands at $93.32. The third major resistance level sits at $94.13. If the price goes on to break the first support level at $90.57, it is likely to go to the next support level at $89.76. Should the price break the second support level, the third support level stands at $88.79.

Liberty Media Corp (NASDAQ: FWONK) Key Stats

There are currently 249,262K shares outstanding in the company with a market cap of 29.11 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 1,167 M and its income totaled -248,000 K.