Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
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
The price of fuboTV Inc (NYSE: FUBO) closed at $1.50 in the last session, up 3.45% from day before closing price of $1.45. In other words, the price has increased by $3.45 from its previous closing price. On the day, 5.61 million shares were traded. FUBO stock price reached its highest trading level at $1.51 during the session, while it also had its lowest trading level at $1.43.
Ratios:
We take a closer look at FUBO’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 494005504 and an Enterprise Value of 727418944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 0.477 whereas that against EBITDA is -3.355.
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 -3.36%, while the 200-Day Moving Average is calculated to be -13.46%.
Shares Statistics:
According to the various share statistics, FUBO traded on average about 12.46M shares per day over the past 3-months and 7397070 shares per day over the past 10 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 34.65% stake in the company. Shares short for FUBO as of 1726185600 were 35040694 with a Short Ratio of 2.81, compared to 1723680000 on 45580946. Therefore, it implies a Short% of Shares Outstanding of 35040694 and a Short% of Float of 10.94.
