fuboTV Inc (NYSE: FUBO)’s Potential for Significant Price Increase in the Near Future

In the last trading session, 32.03 million fuboTV Inc (NYSE:FUBO) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $1.37 changed hands at -$0.18 or -11.61% during last session, the market valuation stood at $410.32M. FUBO’s last price was a discount, traded about -182.48% off its 52-week high of $3.87. The share price had its 52-week low at $1.08, which suggests the last value was 21.17% up since then. When we look at fuboTV Inc’s average trading volume, we note the 3-month average coming to 10.99 million.

fuboTV Inc (NYSE:FUBO) trade information

Instantly FUBO was in red as seen at the end of in last trading. With action -1.44%, the performance over the past five days has been red. The drop to weekly highs of 1.6900 subtracted -11.61% to the stock’s daily price. The company’s shares are showing year-to-date downside of -56.92%, with the 5-day performance at -1.44% in the red. However, in the 30-day time frame, fuboTV Inc (NYSE:FUBO) is -12.18% down.

fuboTV Inc (FUBO) estimates and forecasts

Data shows that the fuboTV Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -42.68% over the past 6 months, a 30.14% in annual growth rate that is considerably higher than the industry average of 28.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.86%. The 2024 estimates are for fuboTV Inc earnings to increase by 28.73%.

FUBO Dividends

fuboTV Inc is expected to release its next quarterly earnings report in June.