Daily Market Movement: fuboTV Inc (FUBO) Sees a -0.74 Decrease, Closing at 1.34

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The closing price of fuboTV Inc (NYSE: FUBO) was $1.34 for the day, down -0.74% from the previous closing price of $1.35. In other words, the price has decreased by $-0.74 from its previous closing price. On the day, 19.35 million shares were traded. FUBO stock price reached its highest trading level at $1.38 during the session, while it also had its lowest trading level at $1.2018.

Ratios:

Our analysis of FUBO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.45.

On December 12, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Janedis John sold 18,000 shares for $1.90 per share. The transaction valued at 34,212 led to the insider holds 0 shares of the business.

Janedis John sold 30,413 shares of FUBO for $56,264 on Feb 23 ’24. The Chief Financial Officer now owns 18,000 shares after completing the transaction at $1.85 per share. On Feb 22 ’24, another insider, Janedis John, who serves as the Chief Financial Officer of the company, sold 22,342 shares for $1.89 each. As a result, the insider received 42,209 and left with 48,413 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 401334048 and an Enterprise Value of 590316864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.431 whereas that against EBITDA is -2.335.

Stock Price History:

Over the past 52 weeks, FUBO has reached a high of $3.87, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -20.91%, while the 200-Day Moving Average is calculated to be -45.84%.

Shares Statistics:

FUBO traded an average of 10.81M shares per day over the past three months and 7585220 shares per day over the past ten days. A total of 299.22M shares are outstanding, with a floating share count of 288.74M. Insiders hold about 3.60% of the company’s shares, while institutions hold 40.13% stake in the company. Shares short for FUBO as of 1711584000 were 64228636 with a Short Ratio of 5.94, compared to 1709164800 on 60202843. Therefore, it implies a Short% of Shares Outstanding of 64228636 and a Short% of Float of 22.049999.

Earnings Estimates

The stock of fuboTV Inc (FUBO) is currently in the spotlight, with fuboTV Inc. analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $12.87, with high estimates of $16.17 and low estimates of $36.15.

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