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As of close of business last night, fuboTV Inc’s stock clocked out at $1.46, up 0.69% from its previous closing price of $1.45. In other words, the price has increased by $0.69 from its previous closing price. On the day, 6.34 million shares were traded. FUBO stock price reached its highest trading level at $1.49 during the session, while it also had its lowest trading level at $1.42.
Ratios:
To gain a deeper understanding of FUBO’s stock, we examine its different ratios. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on July 05, 2024, Reiterated its Buy rating but revised its target price to $2 from $3 previously.
On March 04, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $2.50.
On December 12, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.Cantor Fitzgerald initiated its Overweight rating on December 12, 2023, with a $5 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 437824800 and an Enterprise Value of 686333312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 0.475 whereas that against EBITDA is -2.929.
Stock Price History:
The Beta on a monthly basis for FUBO is 1.79, which has changed by -0.43629342 over the last 52 weeks, in comparison to a change of 0.21656322 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 14.74%, while the 200-Day Moving Average is calculated to be -29.33%.
Shares Statistics:
It appears that FUBO traded 8.88M shares on average per day over the past three months and 10280030 shares per day over the past ten 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 37.79% stake in the company. Shares short for FUBO as of 1719532800 were 43491822 with a Short Ratio of 4.90, compared to 1717113600 on 56863567. Therefore, it implies a Short% of Shares Outstanding of 43491822 and a Short% of Float of 14.95.
