InvestorsObserver is giving Liberty Media Formula One Series C (FWONK) an Analyst Rating Rank of 63, meaning FWONK is ranked higher by analysts than 63% of stocks. The average projection by analysts for FWONK is $43.333 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Liberty Media Formula One Series C Stock Today?
Liberty Media Formula One Series C (FWONK) stock is trading at $36.75 as of 11:59 AM on Wednesday, Oct 14, a decline of -$0.08, or -0.22% from the previous closing price of $36.83. The stock has traded between $36.75 and $37.36 so far today. Volume today is less active than usual. So far 142,853 shares have traded compared to average volume of 797,104 shares.