Deeper Dive: Understanding fuboTV Inc (FUBO) Through its Various Ratios

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The price of fuboTV Inc (NYSE: FUBO) closed at $1.31 in the last session, up 3.97% from day before closing price of $1.26. In other words, the price has increased by $3.97 from its previous closing price. On the day, 6.42 million shares were traded. FUBO stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.25.

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 0.63 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.68.

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

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 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 392842784 and an Enterprise Value of 641351360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 0.443 whereas that against EBITDA is -2.737.

Stock Price History:

The Beta on a monthly basis for FUBO is 1.78, which has changed by -0.37914693 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, FUBO has reached a high of $3.87, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is 1.91%, while the 200-Day Moving Average is calculated to be -39.14%.

Shares Statistics:

According to the various share statistics, FUBO traded on average about 8.54M shares per day over the past 3-months and 7450280 shares per day over the past 10 days. A total of 299.22M shares are outstanding, with a floating share count of 285.71M. Insiders hold about 4.73% of the company’s shares, while institutions hold 37.84% stake in the company. Shares short for FUBO as of 1718323200 were 52061144 with a Short Ratio of 6.09, compared to 1715731200 on 61247285. Therefore, it implies a Short% of Shares Outstanding of 52061144 and a Short% of Float of 17.899999.

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