Upward Trajectory: fuboTV Inc (FUBO) Posts a Gaine, Closing at 5.46

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The closing price of fuboTV Inc (NYSE: FUBO) was $5.46 for the day, up 7.91% from the previous closing price of $5.06. In other words, the price has increased by $7.91 from its previous closing price. On the day, 378.49 million shares were traded. FUBO stock price reached its highest trading level at $6.45 during the session, while it also had its lowest trading level at $5.12.

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 0.54 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:

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 Jan 07 ’25 when David Gandler bought 1,649,442 shares for $5.43 per share.

Horihuela Alberto bought 403,847 shares of FUBO for $2,434,656 on Jan 07 ’25. On Jan 06 ’25, another insider, David Gandler, who serves as the Chief Executive Officer and Di of the company, bought 2,665,655 shares for $3.98 each.

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 1824147712 and an Enterprise Value of 2044926720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 7.75. Its current Enterprise Value per Revenue stands at 1.286 whereas that against EBITDA is -10.68.

Stock Price History:

Over the past 52 weeks, FUBO has reached a high of $5.30, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is 226.75%, while the 200-Day Moving Average is calculated to be 265.17%.

Shares Statistics:

FUBO traded an average of 21.82M shares per day over the past three months and 79805840 shares per day over the past ten days. A total of 334.09M shares are outstanding, with a floating share count of 319.48M. Insiders hold about 4.37% of the company’s shares, while institutions hold 36.63% stake in the company. Shares short for FUBO as of 1734048000 were 39532947 with a Short Ratio of 1.81, compared to 1731628800 on 36193634. Therefore, it implies a Short% of Shares Outstanding of 39532947 and a Short% of Float of 12.16.

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