The stock of Formula One Group (NASDAQ:FWONA) is a huge mover today! The stock decreased 3.56% or $1.22 during the last trading session, reaching $33.02. About 99,042 shares traded. Formula One Group (NASDAQ:FWONA) has risen 61.94% since December 4, 2016 and is uptrending. It has outperformed by 45.24% the S&P500.The move comes after 6 months negative chart setup for the $7.89 billion company. It was reported on Dec, 4 by Barchart.com. We have $30.71 PT which if reached, will make NASDAQ:FWONA worth $552.58 million less.
The stock decreased 0.23% or $0.05 during the last trading session, reaching $21.26. About 87,725 shares traded. Solar Capital Ltd. (SLRC) has risen 18.52% since December 4, 2016 and is uptrending. It has outperformed by 1.82% the S&P500.
Analysts await Formula One Group (NASDAQ:FWONA) to report earnings on February, 27. They expect $-0.05 earnings per share, down 110.64% or $0.52 from last year’s $0.47 per share. After $-0.17 actual earnings per share reported by Formula One Group for the previous quarter, Wall Street now forecasts -70.59% EPS growth.
Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. The company has market cap of $7.89 billion. Formula One Group was formerly known as The Liberty Media Group. It currently has negative earnings. The firm is based in Englewood, Colorado.
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