The price of fuboTV Inc (NYSE:FUBO) shares last traded on Wall Street fell -3.55% to $1.63.
FUBO stock price is now 6.83% away from the 50-day moving average and -11.98% away from the 200-day moving average. The market capitalization of the company currently stands at $536.82M.
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, while ‘Needham’ rates the stock as ‘Buy’
In other news, Glat Neil, Director bought 25,000 shares of the company’s stock on Aug 16 ’24. The stock was bought for $35,500 at an average price of $1.42. Upon completion of the transaction, the Director now directly owns 25,000 shares in the company, valued at $40750.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Chief Financial Officer Janedis John sold 18,000 shares of the business’s stock. A total of $34,212 was realized by selling the stock at an average price of $1.90. A total of 4.31% 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 $3.82. As of last week, the company has a debt-to-equity ratio of 1.50, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for FUBO is $1.5334 and a two-hundred day moving average price translates $1.84415 for the stock.
The latest earnings results from fuboTV Inc (NYSE: FUBO) was released for 2024-06-30. The net profit margin was -15.50% and return on equity was -68.62% for FUBO. The company reported revenue of $390.96 million for the quarter, compared to $312.74 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.01 percent.
