FWONK stock: buy or sell?
February 26th, 2020
Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group.
Should I buy FWONK stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Liberty Media stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Liberty Media stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't find any rating for FWONK stock for the last 30 days.
FWONK stock analysis
Shares of Liberty Media collapsed a frightening -7.38% and closed at $39.79.
Liberty Media closed today at $39.79 and collapsed a frightening -7.38%. In this session, Liberty Media stock crossed down the SMA200d line. If you are using SMA200d line as stop loss trigger, double check your position in this stock. On Jan/22, FWONK hit new all time highs, pushing higher previous ATH of $48.75 recorded on Jan 21st. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of Liberty Media collapsed a chilling -14.19% this week.
Liberty Media is sliding further to find new supports after falling under the support. Not so far away is the last all-time high Liberty Media marked late January, but since then it dropped a 18.71%. This week, Liberty Media stock dived below the significant level of the 40-weeks moving average. Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since early May 2019 when SMA20w and SMA40w crossed up, FWONK price gained $0.67 per share (1.71%).
FWONK stock price history
FWONK stock went public on July 8th, 2014 with a price of $26.231. Since then, FWONK stock surged a 51.70%, with an average of 10.30% per year. If you had invested right after FWONK's IPO a $1,000 in FWONK stock in 2014, it would worth $517.00 today.
1: Adjusted price after possible price splits or reverse-splits.
FWONK stock historical price chart
FWONK stock reached all-time highs on January/22 with a price of $48.95.
FWONK stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Liberty Media stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Liberty Media reported its latest financial data, posting an astounding gain for the Earnings per Share (EPS) ratio. Analyst were expecting $-0.42 per share, but Liberty Media posted $-0.80.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Liberty Media annual turnover raised a tiny 2.47% to $1,827.00 M USD from $1,783.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) plummed a -22.51% to -8.21%.
|2014||$59 M||-||$-29.00 M-49.2%||-|
|2017||$1,783 M||2,922.03%||$255 M14.3%||-979.31%|
|2018||$1,827 M||2.47%||$-150.00 M-8.2%||-158.82%|
Quarterly financial resultsLiberty Media reported $481.00 M in sales for 2018-Q4, a -25.66% decline compared to previous quarter. Reported quarter earnings marked $-184.00 million with a profit margin of -38.25%. Profit margin plunged a -44.75% compared to previous quarter when profit margin was 6.49%. When comparing sales to same quarter last year, Liberty Media sales marked a chilling loss and plunged a -15.61%.
|2017-Q1||$96 M||-||$-96.00 M-100.0%||-|
|2017-Q2||$616 M||541.67%||$-27.00 M-4.4%||-71.88%|
|2017-Q3||$501 M||-18.67%||$-37.00 M-7.4%||37.04%|
|2017-Q4||$570 M||13.77%||$415.00 M72.8%||-1,221.62%|
|2018-Q1||$114 M||-80.00%||$-17.00 M-14.9%||-104.10%|
|2018-Q2||$585 M||413.16%||$9.00 M1.5%||-152.94%|
|2018-Q3||$647 M||10.60%||$42.00 M6.5%||366.67%|
|2018-Q4||$481 M||-25.66%||$-184.00 M-38.3%||-538.10%|
Liberty Media ownershipWhen you are planning to invest in shares of a stock, it's worth to check its ownership structure.
Liberty Media shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.04% of all shares.
Bearish positions for FWONK stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Liberty Media:
|Market cap||$8.1 B|
|Total shares||203.1 M|
|Float shares||208.0 M|
|- Institutional holdings (%)||95.2%|
|- Insider holdings (%)||3.0%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$39.75 - $43.87|
|Average true range||$1.31|
|50d mov avg||$46.24|
|100d mov avg||$44.46|
|200d mov avg||$41.85|
Liberty Media performanceTo better understand Liberty Media performance you must becnhmark its gains with other related stocks in same sector or industry. We selected as the bechmarking frame for Liberty Media stock.