fuboTV Inc. (NYSE:FUBO) has a beta of 2.76. The stock’s Relative Strength Index (RSI) is 48.06, with weekly volatility at 8.04% and ATR at 4.82. The FUBO stock’s 52-week price range has touched low of $5.00 and a $62.29 high. Its shares traded lower over the last trading session, losing -4.96% on 02/22/21. The shares fell to a low of $40.38 before closing at $40.82. Intraday shares traded counted 11.02 million, which was 51.76% higher than its 30-day average trading volume of 22.85M. FUBO’s previous close was $42.95 while the outstanding shares total 108.85M.
Investors have identified the Broadcasting company fuboTV Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.71 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
fuboTV Inc. (FUBO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For FUBO, the company has in raw cash 38.86 million on their books with 95.54 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 58.02 million total, with 247.08 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -1.28 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FUBO sounds very interesting.
Is the stock of FUBO attractive?
In related news, 10% Owner, COMCAST CORP sold 500,000 shares of the company’s stock in a transaction that recorded on Dec 31. The sale was performed at an average price of 30.06, for a total value of 15,030,000. As the sale deal closes, the Chief Executive Officer, Gandler David now sold 26 shares of the company’s stock, valued at 647. Also, Executive Chairman, BRONFMAN EDGAR JR bought 200,000 shares of the company’s stock in a deal that was recorded on Oct 13. The shares were price at an average price of 10.00 per share, with a total market value of 2,000,000. Following this completion of acquisition, the Director, LEFF DANIEL V now holds 200,000 shares of the company’s stock, valued at 2,000,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 11.50%.
8 out of 8 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on fuboTV Inc.. 0 analysts has assigned a Sell rating on the FUBO stock. The 12-month mean consensus price target for the company’s shares has been set at $45.50.