Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $1.67 in the prior trading day, fuboTV Inc (NYSE: FUBO) closed at $1.68, up 0.60%. In other words, the price has increased by $0.60 from its previous closing price. On the day, 8.52 million shares were traded. FUBO stock price reached its highest trading level at $1.7379 during the session, while it also had its lowest trading level at $1.63.
Ratios:
Our goal is to gain a better understanding of FUBO by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 553286144 and an Enterprise Value of 786699520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is -3.628.
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 18.46%, while the 200-Day Moving Average is calculated to be -12.73%.
Shares Statistics:
The stock has traded on average 11.69M shares per day over the past 3-months and 27793600 shares per day over the last 10 days, according to various share statistics. A total of 329.34M shares are outstanding, with a floating share count of 313.75M. Insiders hold about 4.73% of the company’s shares, while institutions hold 34.77% stake in the company. Shares short for FUBO as of 1723680000 were 45580946 with a Short Ratio of 3.90, compared to 1721001600 on 49569322. Therefore, it implies a Short% of Shares Outstanding of 45580946 and a Short% of Float of 14.23.
