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The price of fuboTV Inc (NYSE: FUBO) closed at $1.48 in the last session, down -5.13% from day before closing price of $1.56. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 14.43 million shares were traded. FUBO stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.47.
Ratios:
We take a closer look at FUBO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.45.
Needham reiterated its Buy rating for the stock on July 05, 2024, while the target price for the stock was revised from $3 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Glat Neil bought 25,000 shares for $1.42 per share. The transaction valued at 35,500 led to the insider holds 25,000 shares of the business.
Janedis John sold 18,000 shares of FUBO for $34,212 on Mar 04 ’24. The Chief Financial Officer now owns 0 shares after completing the transaction at $1.90 per share. On Feb 23 ’24, another insider, Janedis John, who serves as the Chief Financial Officer of the company, sold 30,413 shares for $1.85 each. As a result, the insider received 56,264 and left with 18,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUBO now has a Market Capitalization of 487418752 and an Enterprise Value of 720832192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 0.473 whereas that against EBITDA is -3.324.
Stock Price History:
Over the past 52 weeks, FUBO has reached a high of $3.82, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is -4.39%, while the 200-Day Moving Average is calculated to be -19.01%.
Shares Statistics:
According to the various share statistics, FUBO traded on average about 12.29M shares per day over the past 3-months and 10632550 shares per day over the past 10 days. A total of 329.34M shares are outstanding, with a floating share count of 315.14M. Insiders hold about 4.31% of the company’s shares, while institutions hold 34.60% stake in the company. Shares short for FUBO as of 1724976000 were 34428014 with a Short Ratio of 2.80, compared to 1722384000 on 48676316. Therefore, it implies a Short% of Shares Outstanding of 34428014 and a Short% of Float of 10.75.
