fuboTV Inc. (NYSE:FUBO) went down by -1.98% from its latest closing price compared to the recent 1-year high of $62.29. The company’s stock price has collected -9.32% of loss in the last five trading sessions. Press Release reported 16 hours ago that fuboTV Announces Launch of Branded Content Studio at 2021 IAB NewFronts
Is It Worth Investing in fuboTV Inc. (NYSE :FUBO) Right Now?
Plus, the 36-month beta value for FUBO is at 2.86. Opinions of the stock are interesting as 7 analysts out of 8 who provided ratings for fuboTV Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $45.38. FUBO currently public float of 126.90M and currently shorts hold a 14.85% ratio of that float. Today, the average trading volume of FUBO was 15.48M shares.
FUBO’s Market Performance
FUBO stocks went down by -9.32% for the week, with a monthly drop of -11.94% and a quarterly performance of -62.29%, while its annual performance rate touched 75.64%. The volatility ratio for the week stands at 6.32% while the volatility levels for the past 30 days are set at 8.68% for fuboTV Inc.. The simple moving average for the period of the last 20 days is -4.90% for FUBO stocks with a simple moving average of -13.34% for the last 200 days.
Analysts’ Opinion of FUBO
Many brokerage firms have already submitted their reports for FUBO stocks, with Evercore ISI repeating the rating for FUBO by listing it as a “Outperform.” The predicted price for FUBO in the upcoming period, according to Evercore ISI is $30 based on the research report published on April 06th of the current year 2021.
Barrington Research, on the other hand, stated in their research note that they expect to see FUBO reach a price target of $40. The rating they have provided for FUBO stocks is “Outperform” according to the report published on January 21st, 2021.
BMO Capital Markets gave a rating of “Market Perform” to FUBO, setting the target price at $50 in the report published on December 23rd of the previous year.
FUBO Trading at -27.34% from the 50-Day Moving Average
After a stumble in the market that brought FUBO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.28% of loss for the given period.
Volatility was left at 8.68%, however, over the last 30 days, the volatility rate increased by 6.32%, as shares sank -8.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.99% lower at present.
During the last 5 trading sessions, FUBO fell by -9.32%, which changed the moving average for the period of 200-days by +97.40% in comparison to the 20-day moving average, which settled at $20.69. In addition, fuboTV Inc. saw -29.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at FUBO starting from Gandler David, who sale 127,752 shares at the price of $32.26 back on Mar 04. After this action, Gandler David now owns 315,416 shares of fuboTV Inc., valued at $4,121,816 using the latest closing price.
Gandler David, the Chief Executive Officer of fuboTV Inc., sale 42,584 shares at $32.26 during a trade that took place back on Mar 04, which means that Gandler David is holding 1,198,724 shares at $1,373,939 based on the most recent closing price.
Stock Fundamentals for FUBO
Current profitability levels for the company are sitting at:
- -106.07 for the present operating margin
- -27.87 for the gross margin
The net margin for fuboTV Inc. stands at -261.93. The total capital return value is set at -49.48, while invested capital returns managed to touch -128.87. Equity return is now at value -546.00, with -74.30 for asset returns.
Based on fuboTV Inc. (FUBO), the company’s capital structure generated 5.28 points at debt to equity in total, while total debt to capital is 5.02. Total debt to assets is 3.90, with long-term debt to equity ratio resting at 1.70. Finally, the long-term debt to capital ratio is 0.58.
When we switch over and look at the enterprise to sales, we see a ratio of 7.07, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 16.50 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.