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.
After finishing at $1.37 in the prior trading day, fuboTV Inc (NYSE: FUBO) closed at $1.39, up 1.46%. In other words, the price has increased by $1.46 from its previous closing price. On the day, 3.35 million shares were traded. FUBO stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.35.
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 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.45.
On December 12, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.
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 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 416309184 and an Enterprise Value of 602296960. 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 1.41. Its current Enterprise Value per Revenue stands at 0.44 whereas that against EBITDA is -2.382.
Stock Price History:
Over the past 52 weeks, FUBO has reached a high of $3.87, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -15.35%, while the 200-Day Moving Average is calculated to be -43.38%.
Shares Statistics:
The stock has traded on average 10.81M shares per day over the past 3-months and 7525870 shares per day over the last 10 days, according to various share statistics. A total of 299.22M shares are outstanding, with a floating share count of 288.74M. Insiders hold about 3.60% of the company’s shares, while institutions hold 40.07% stake in the company. Shares short for FUBO as of 1713139200 were 63431493 with a Short Ratio of 5.87, compared to 1710460800 on 63656468. Therefore, it implies a Short% of Shares Outstanding of 63431493 and a Short% of Float of 21.78.
