How Worried Should Investors Be About Liberty Media Corp. (NASDAQ: FWONK)’

Liberty Media Corp. (NASDAQ:FWONK) does about 1.17M shares in volume on a normal day but saw 1256870 shares change hands in Friday’s trading. The company now has a market cap of 16.43B USD. Its current market price is $70.01, marking a decrease of -1.60% compared to the previous close of $71.15. The 52 week high reached by this stock is $78.58 whilst the lowest price level in 52 weeks is $60.95.

Liberty Media Corp. (FWONK) has a 20-day trading average at $69.58 and the current price is -10.91% off the 52-week high compared with 14.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $69.07. If we look at the stock’s price movements over the week, volatility stands at 3.48%, which decreases to 2.35% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.58 to suggest the stock is neutral.

The consensus objective for the share price is $86.50, suggesting that the stock has a potential upside of 19.06% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 18, 2023 when Morgan Stanley downgraded the stock to “Equal-Weight” and issued a price target of between $80 and $70.

Liberty Media Corp. (FWONK) stock is down -0.77% over the week and 1.86% over the past month. Its price is 10.90% year-to-date and 2.27% over the past year.

To reach the target analysts have set, the stock logically needs to grow 19.06 percent from here.

The company has a return on investment of 3.97% and return on equity of 5.58%. The price to earnings ratio (P/E ratio) amounts to 53.51 while the forward price to earnings ratio is 48.33. The beta has a value of 1.08. Price to book ratio is 2.53 and price to sales ratio is 4.84.