fuboTV Inc (NYSE: FUBO) is 204.76% 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 $4.01 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $3.84, the stock is -3.93% and 18.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 24.02 million and changing -4.24% at the moment leaves the stock 101.25% off its SMA200. FUBO registered 106.45% gain for a year compared to 6-month gain of 93.94%.
The stock witnessed a -4.95% loss in the last 1 month and extending the period to 3 months gives it a 166.67%, and is -5.42% 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 9.30% over the week and 8.36% over the month.
fuboTV Inc (FUBO) has around 530 employees, a market worth around $1.30B and $1.59B in sales. Profit margin for the company is -12.96%. Distance from 52-week low is 249.09% and -40.47% 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 42.19% this year.
fuboTV Inc (FUBO) Top Institutional Holders
The shares outstanding are 334.09M, and float is at 327.24M with Short Float at 11.03%.
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 2.6903% 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 Janedis John, the company’s Chief Financial Officer. SEC filings show that Janedis John sold 25,823 shares of the company’s common stock on Feb 21 ’25 at a price of $4.16 per share for a total of $0.11 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Jan 10 ’25, Horihuela Alberto (Chief Operating Officer) disposed off 5,868 shares at an average price of $5.98 for $35091.0. The insider now directly holds 1,446,730 shares of fuboTV Inc (FUBO).