In yesterday’s Wall Street session, fuboTV Inc (NYSE:FUBO) shares traded at $4.45, down -12.92% from the previous session.
FUBO stock price is now 138.43% away from the 50-day moving average and 187.65% away from the 200-day moving average. The market capitalization of the company currently stands at $1.49B.
, while ‘Needham’ rates the stock as ‘Buy’
In other news, Horihuela Alberto, Chief Operating Officer sold 403,847 shares of the company’s stock on Jan 07 ’25. The stock was sold for $2,434,794 at an average price of $6.03. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,449,751 shares in the company, valued at $6.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 08 ’25, Chief Operating Officer Horihuela Alberto sold 29,358 shares of the business’s stock. A total of $176,089 was realized by selling the stock at an average price of $6.00. This leaves the insider owning 1,447,351 shares of the company worth $6.44 million. A total of 3.61% of the company’s stock is owned by insiders.
During the past 12 months, fuboTV Inc has had a low of $1.10 and a high of $6.45. As of last week, the company has a debt-to-equity ratio of 1.61, a current ratio of 0.54, and a quick ratio of 0.54. The fifty day moving average price for FUBO is $1.8132 and a two-hundred day moving average price translates $1.53225 for the stock.
The latest earnings results from fuboTV Inc (NYSE: FUBO) was released for 2024-09-30. The net profit margin was -12.96% and return on equity was -71.01% for FUBO. The company reported revenue of $386.21 million for the quarter, compared to $320.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.34 percent.
