FuboTV Inc. (NYSE:FUBO – Get Free Report) was the recipient of some unusual options trading on Monday. Investors bought 92,978 call options on the stock. This represents an increase of approximately 57% compared to the typical daily volume of 59,398 call options.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the company. Huber Research upgraded FuboTV to a “strong-buy” rating in a research note on Friday, January 31st. Roth Mkm reissued a “neutral” rating and issued a $4.75 price target (up previously from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $3.43.
View Our Latest Report on FUBO
Insider Activity
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of FUBO. Arkadios Wealth Advisors lifted its holdings in FuboTV by 19.5% in the third quarter. Arkadios Wealth Advisors now owns 73,677 shares of the company’s stock valued at $105,000 after acquiring an additional 12,000 shares during the period. Hibernia Wealth Partners LLC acquired a new position in FuboTV in the 3rd quarter valued at $27,000. United Advisor Group LLC acquired a new stake in shares of FuboTV in the 3rd quarter worth $26,000. Apollon Wealth Management LLC increased its stake in shares of FuboTV by 41.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 42,611 shares of the company’s stock worth $61,000 after acquiring an additional 12,431 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in shares of FuboTV in the 3rd quarter worth $152,000. 39.31% of the stock is owned by institutional investors and hedge funds.
FuboTV Trading Up 6.8 %
FuboTV stock opened at $4.02 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50. FuboTV has a 52 week low of $1.10 and a 52 week high of $6.45. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of -5.99 and a beta of 1.98. The stock has a 50-day moving average price of $3.37 and a 200 day moving average price of $2.21.
About FuboTV
fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.
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