Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. fuboTV Inc.’s current trading price is -47.81% away from its 52-week high, while its distance from the 52-week low is 184.90%. The stock’s price range during this period has varied between $0.96 and $5.24. The company, active in the Communication Services sector, saw a trading volume of around 6.83 million for the day, considerably lower average daily volume of 17.35 million observed over the last three months.
fuboTV Inc. (FUBO) currently has a stock price of $2.73. The stock saw a sharp increase in the last trading session, hitting a high of $2.67 after opening at $2.53. The lowest recorded price for the day was $2.51 before it closed at $2.67.
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fuboTV Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $5.24 on 09/16/22, and the lowest price during the same period was recorded at $0.96 on 03/20/23.
How Financial Performance Impacts Market Capitalization
fuboTV Inc. (FUBO) has experienced a quarterly rise of 24.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 810.82M and boasts a workforce of 510 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.18, with a change in price of +1.60. Similarly, fuboTV Inc. recorded 16,654,830 in trading volume during the last 100 days, posting a change of +140.35%.
How FUBO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FUBO stands at 0.96. Similarly, the long-term debt-to-equity ratio is also 0.94.
FUBO Stock Stochastic Average
As of today, the raw stochastic average of fuboTV Inc. over the past 50 days is 41.15%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 56.63%. Additionally, the Stochastic %K and %D values for the company were 48.98% and 44.36%, respectively, over the past 20 days.
FUBO Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 57.18%.However, over the last six months, we can see a weaker performance of 126.03%. Over the last 30 days, the price of FUBO has fallen by 21.56%. And in the last five days, it has fallen by -9.44%.
