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The closing price of fuboTV Inc (NYSE: FUBO) was $1.56 for the day, down -2.50% from the previous closing price of $1.60. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 6.09 million shares were traded. FUBO stock price reached its highest trading level at $1.62 during the session, while it also had its lowest trading level at $1.53.
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 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.45.
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 517058848 and an Enterprise Value of 747179136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is -3.446.
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 -3.83%, while the 200-Day Moving Average is calculated to be -2.79%.
Shares Statistics:
FUBO traded an average of 11.87M shares per day over the past three months and 6746100 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 3.24, compared to 1726185600 on 35040694. Therefore, it implies a Short% of Shares Outstanding of 38442128 and a Short% of Float of 12.0.
