fuboTV Inc (NYSE: FUBO) is -56.60% lower on its value in year-to-date trading and has touched a low of $1.10 and a high of $3.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FUBO stock was last observed hovering at around $1.42 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.38, the stock is -13.23% and -11.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.44 million and changing -2.82% at the moment leaves the stock -21.75% off its SMA200. FUBO registered -48.31% loss for a year compared to 6-month gain of -10.39%. The firm has a 50-day simple moving average (SMA 50) of $1.5512 and a 200-day simple moving average (SMA200) of $1.7535.
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The stock witnessed a -17.86% loss in the last 1 month and extending the period to 3 months gives it a 5.34%, and is -3.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.31% over the week and 6.45% over the month.
fuboTV Inc (FUBO) has around 530 employees, a market worth around $454.49M and $1.52B in sales. Profit margin for the company is -15.50%. Distance from 52-week low is 25.45% and -63.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.06%).
with sales reaching $376.77M over the same period.The EPS is expected to grow by 42.43% this year, but quarterly earnings will post 18.20% year-over-year. Quarterly sales are estimated to grow 17.40% in year-over-year returns.
fuboTV Inc (FUBO) Top Institutional Holders
The shares outstanding are 329.34M, and float is at 315.14M with Short Float at 11.12%.
The top institutional shareholder in the company is BLACKROCK INC. with over 22.17 million shares valued at $27.49 million. The investor’s holdings represent 7.4055% of the FUBO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.92 million shares valued at $20.98 million to account for 5.652 of the shares outstanding. The other top investors are MARSHALL WACE, LLP which holds 8.37 million shares representing 2.7971% and valued at over $10.38 million, while STATE STREET CORP holds 2.2724 of the shares totaling 6.8 million with a market value of $8.44 million.
fuboTV Inc (FUBO) Insider Activity
The most recent transaction is an insider purchase by Glat Neil, the company’s Director. SEC filings show that Glat Neil bought 25,000 shares of the company’s common stock on Aug 16 ’24 at a price of $1.42 per share for a total of $35500.0. Following the purchase, the insider now owns 25000.0 shares.
fuboTV Inc disclosed in a document filed with the SEC on Mar 04 ’24 that Janedis John (Chief Financial Officer) sold a total of 18,000 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $1.90 per share for $34212.0. Following the transaction, the insider now directly holds 0.0 shares of the FUBO stock.
Still, SEC filings show that on Feb 23 ’24, Janedis John (Chief Financial Officer) disposed off 30,413 shares at an average price of $1.85 for $56264.0. The insider now directly holds 18,000 shares of fuboTV Inc (FUBO).
