Stocks of fuboTV Inc (NYSE:FUBO) traded higher last session on Wall Street, up 2.46% to $1.25.
FUBO stock price is now -13.11% away from the 50-day moving average and -45.69% away from the 200-day moving average. The market capitalization of the company currently stands at $374.85M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $2.50, Seaport Research Partners recently Upgraded its rating from Neutral to Buy for fuboTV Inc (NYSE: FUBO). On December 12, 2023, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $5, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’
In other news, Janedis John, Chief Financial Officer sold 18,000 shares of the company’s stock on Mar 04 ’24. The stock was sold for $34,212 at an average price of $1.90. Upon completion of the transaction, the Chief Financial Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 23 ’24, Chief Financial Officer Janedis John sold 30,413 shares of the business’s stock. A total of $56,264 was realized by selling the stock at an average price of $1.85. This leaves the insider owning 18,000 shares of the company worth $22500.0. A total of 4.56% of the company’s stock is owned by insiders.
During the past 12 months, fuboTV Inc has had a low of $1.20 and a high of $3.87. As of last week, the company has a debt-to-equity ratio of 1.73, a current ratio of 0.63, and a quick ratio of 0.63. The fifty day moving average price for FUBO is $1.4326 and a two-hundred day moving average price translates $2.29585 for the stock.
The latest earnings results from fuboTV Inc (NYSE: FUBO) was released for 2024-03-31. The net profit margin was -18.33% and return on equity was -75.99% for FUBO. The company reported revenue of $402.35 million for the quarter, compared to $324.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.04 percent.
