fuboTV Inc (NYSE: FUBO)’s stock price has plunge by -3.82relation to previous closing price of 1.57. Nevertheless, the company has seen a 6.34% surge in its stock price over the last five trading sessions. fool.com reported 2024-11-04 that The company made a deal with a regional sports network.
Is It Worth Investing in fuboTV Inc (NYSE: FUBO) Right Now?
FUBO has 36-month beta value of 1.76. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for FUBO is 319.69M, and currently, short sellers hold a 10.92% ratio of that float. The average trading volume of FUBO on November 18, 2024 was 12.59M shares.
FUBO’s Market Performance
FUBO’s stock has seen a 6.34% increase for the week, with a -3.82% drop in the past month and a -16.11% fall in the past quarter. The volatility ratio for the week is 7.21%, and the volatility levels for the past 30 days are at 7.18% for fuboTV Inc The simple moving average for the past 20 days is -3.76% for FUBO’s stock, with a -0.83% simple moving average for the past 200 days.
Analysts’ Opinion of FUBO
Needham gave a rating of “Buy” to FUBO, setting the target price at $2 in the report published on July 05th of the current year.
FUBO Trading at -2.82% 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 -60.42% of loss for the given period.
Volatility was left at 7.18%, however, over the last 30 days, the volatility rate increased by 7.21%, as shares sank -7.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.48% lower at present.
During the last 5 trading sessions, FUBO rose by +6.34%, which changed the moving average for the period of 200-days by -40.55% in comparison to the 20-day moving average, which settled at $1.5690. In addition, fuboTV Inc saw -52.52% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FUBO starting from Glat Neil, who purchase 25,000 shares at the price of $1.42 back on Aug 16 ’24. After this action, Glat Neil now owns 25,000 shares of fuboTV Inc, valued at $35,500 using the latest closing price.
Janedis John, the Chief Financial Officer of fuboTV Inc, sale 18,000 shares at $1.90 during a trade that took place back on Mar 04 ’24, which means that Janedis John is holding 0 shares at $34,212 based on the most recent closing price.
Stock Fundamentals for FUBO
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.09 for the gross margin
The net margin for fuboTV Inc stands at -0.13. The total capital return value is set at -0.38. Equity return is now at value -71.01, with -17.74 for asset returns.
Based on fuboTV Inc (FUBO), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at -0.28. The debt to equity ratio resting at 1.47. The interest coverage ratio of the stock is -11.37.
Currently, EBITDA for the company is -238.07 million with net debt to EBITDA at -1.6. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 20.68for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
To put it simply, fuboTV Inc (FUBO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
