In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, fuboTV Inc’s stock clocked out at $1.52, down -12.64% from its previous closing price of $1.74. In other words, the price has decreased by -$12.64 from its previous closing price. On the day, 20.81 million shares were traded. FUBO stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.5.
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 0.54 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:
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 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 500592224 and an Enterprise Value of 728601792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 0.458 whereas that against EBITDA is -3.805.
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 -5.58%, while the 200-Day Moving Average is calculated to be -3.89%.
Shares Statistics:
It appears that FUBO traded 12.21M shares on average per day over the past three months and 9484070 shares per day over the past ten 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 34.63% stake in the company. Shares short for FUBO as of 1728950400 were 38442128 with a Short Ratio of 3.15, compared to 1726185600 on 35040694. Therefore, it implies a Short% of Shares Outstanding of 38442128 and a Short% of Float of 12.0.
