(FWONK) Liberty Media Series C - Ratings and Ratios

Liberty Media Corporations Series C Liberty Formula One Common Stock (NASDAQ:FWONK) represents a stake in Formula One Group, a leading global motorsports enterprise. The company holds the commercial rights to the FIA Formula One World Championship, a premier international racing series that attracts a vast audience and significant sponsorship revenue. Beyond its core racing operations, the group generates income through ticket and hospitality sales, media rights, licensing agreements, and logistical services. It also oversees feeder series like Formula 2, Formula 3, and the F1 Academy, fostering talent development. Headquartered in Englewood, Colorado, Formula One Group operates as a subsidiary of Liberty Media Corporation, leveraging its parents resources to expand its global influence in motorsports and entertainment.

Over the next three months, FWONK is expected to experience volatility, influenced by its current technical and fundamental profile. The stock is trading below its 20-day and 50-day moving averages, with resistance levels at 89.9, 92.4, and 95.5, suggesting upward momentum may face challenges. Support levels at 72.1, 76.7, and 80.7 could provide downside protection. The average true range of 3.23 indicates moderate price fluctuations. Fundamentally, the stocks high forward P/E of 80.65 reflects market expectations for growth, though the absence of a trailing P/E highlights the companys current earnings dynamics. With a market cap of $19.68 billion and a price-to-sales ratio of 5.39, investors are pricing in significant future revenue expansion. The return on equity of 12.13% underscores managements ability to generate profits, supporting the stocks valuation despite elevated multiples. The next earnings report will be critical in determining whether the stock can break above resistance or test support levels.