Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of fuboTV Inc (NYSE: FUBO) was $1.43 for the day, down -5.30% from the previous closing price of $1.51. In other words, the price has decreased by -$5.30 from its previous closing price. On the day, 7.17 million shares were traded. FUBO stock price reached its highest trading level at $1.545 during the session, while it also had its lowest trading level at $1.43.
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 0.54 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.56.
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:
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 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 477752960 and an Enterprise Value of 725260864. 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 2.03. Its current Enterprise Value per Revenue stands at 0.456 whereas that against EBITDA is -3.788.
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 -7.69%, while the 200-Day Moving Average is calculated to be -5.74%.
Shares Statistics:
FUBO traded an average of 12.62M shares per day over the past three months and 11179400 shares per day over the past ten days. A total of 334.09M shares are outstanding, with a floating share count of 319.69M. Insiders hold about 4.31% of the company’s shares, while institutions hold 36.78% stake in the company. Shares short for FUBO as of 1730332800 were 34907899 with a Short Ratio of 2.77, compared to 1727654400 on 37802112. Therefore, it implies a Short% of Shares Outstanding of 34907899 and a Short% of Float of 10.74.
