Does fuboTV Inc (NYSE:FUBO) warrant a purchase right now? What to Consider Before Making a Decision

The stock of fuboTV Inc (NYSE:FUBO) last traded at $1.36, down -0.73% from the previous session.

FUBO stock price is now -12.63% away from the 50-day moving average and -7.14% away from the 200-day moving average. The market capitalization of the company currently stands at $451.05M.

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, while ‘Needham’ rates the stock as ‘Buy’

In other news, Janedis John, Chief Financial Officer sold 76,766 shares of the company’s stock on Nov 22 ’24. The stock was sold for $115,149 at an average price of $1.50. 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 Nov 21 ’24, Chief Financial Officer Janedis John sold 74,326 shares of the business’s stock. A total of $109,259 was realized by selling the stock at an average price of $1.47. This leaves the insider owning 76,766 shares of the company worth $0.1 million. A total of 4.26% 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 $3.42. 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 $1.5612 and a two-hundred day moving average price translates $1.46585 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.

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