fuboTV Inc (NYSE: FUBO) is 213.49% higher on its value in year-to-date trading and has touched a low of $1.10 and a high of $6.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FUBO stock was last observed hovering at around $3.69 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $3.95, the stock is 11.82% and 69.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.32 million and changing 7.05% at the moment leaves the stock 137.75% off its SMA200. FUBO registered 47.39% gain for a year compared to 6-month loss of 166.89%. The firm has a 50-day simple moving average (SMA 50) of $2.2844 and a 200-day simple moving average (SMA200) of $1.6492.
The stock witnessed a 190.44% gain in the last 1 month and extending the period to 3 months gives it a 146.88%, and is 7.63% up 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 9.06% over the week and 14.90% over the month.
fuboTV Inc (FUBO) has around 530 employees, a market worth around $1.34B and $1.59B in sales. Profit margin for the company is -12.96%. Distance from 52-week low is 259.09% and -38.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.21%).
The EPS is expected to grow by 42.17% this year.
fuboTV Inc (FUBO) Top Institutional Holders
The shares outstanding are 334.09M, and float is at 327.06M with Short Float at 10.10%.
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 sale by Horihuela Alberto, the company’s Chief Operating Officer. SEC filings show that Horihuela Alberto sold 5,868 shares of the company’s common stock on Jan 10 ’25 at a price of $5.98 per share for a total of $35091.0. Following the sale, the insider now owns 1.45 million shares.
fuboTV Inc disclosed in a document filed with the SEC on Jan 07 ’25 that Horihuela Alberto (Chief Operating Officer) sold a total of 403,847 shares of the company’s common stock. The trade occurred on Jan 07 ’25 and was made at $6.03 per share for $2.43 million. Following the transaction, the insider now directly holds 1.45 million shares of the FUBO stock.
Still, SEC filings show that on Jan 08 ’25, Horihuela Alberto (Chief Operating Officer) disposed off 29,358 shares at an average price of $6.00 for $0.18 million. The insider now directly holds 1,447,351 shares of fuboTV Inc (FUBO).
