In last trading session, fuboTV Inc. (NYSE:FUBO) saw 6.64 million shares changing hands with its beta currently measuring 3.04. Company’s recent per share price level of $2.79 trading at $0.08 or 2.95% at ring of the bell on the day assigns it a market valuation of $567.23M. That closing price of FUBO’s stock is at a discount of -683.15% from its 52-week high price of $21.85 and is indicating a premium of 16.85% from its 52-week low price of $2.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.87 million shares which gives us an average trading volume of 11.76 million if we extend that period to 3-months.
fuboTV Inc. (NYSE:FUBO) trade information
Upright in the green during last session for gaining 2.95%, in the last five days FUBO remained trading in the red while hitting it’s week-highest on Thursday, 11/17/22 when the stock touched $2.79 price level, adding 11.15% to its value on the day. fuboTV Inc.’s shares saw a change of -82.02% in year-to-date performance and have moved -13.08% in past 5-day. fuboTV Inc. (NYSE:FUBO) showed a performance of -25.60% in past 30-days. Number of shares sold short was 44.57 million shares which calculate 4.01 days to cover the short interests.
fuboTV Inc. (FUBO) estimates and forecasts
Statistics highlight that fuboTV Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -12.54% of value to its shares in past 6 months, showing an annual growth rate of -8.63% while that of industry is -0.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. This year revenue growth is estimated to rise 48.80% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $212.1 million for the same. And 8 analysts are in estimates of company making revenue of $273.56 million in the next quarter that will end on Dec 2022. Company posted $143.55 million and $231.06 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 47.80% while estimating it to be 18.40% for the next quarter.
fuboTV Inc. is more likely to be releasing its next quarterly report between February 21 and February 27 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
fuboTV Inc. (NYSE:FUBO)’s Major holders
Insiders are in possession of 8.59% of company’s total shares while institution are holding 44.19 percent of that, with stock having share float percentage of 48.35%. Investors also watch the number of corporate investors in a company very closely, which is 44.19% institutions for fuboTV Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at FUBO for having 16.1 million shares of worth $39.76 million. And as of Jun 29, 2022, it was holding 33.97% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 15.26 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 32.19% of outstanding shares, having a total worth of $37.68 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 4.91 million shares of worth $12.13 million or 10.36% of the total outstanding shares. The later fund manager was in possession of 4.21 million shares on Jun 29, 2022, making its stake of worth around $10.39 million in the company or a holder of 8.87% of company’s stock.