FuboTV Stock Falls By 29% In The Last 21 Sessions

(VIANEWS) – Shares of FuboTV (NYSE: FUBO) dropped by a staggering 29.41% in 21 sessions from $1.7 to $1.20 at 15:22 EST on Wednesday, after two successive sessions in a row of gains. NYSE is sliding 0.35% to $14,933.06, after two consecutive sessions in a row of gains.

FuboTV’s last close was $1.26, 84.7% under its 52-week high of $8.24.

About FuboTV

fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.

Earnings Per Share

As for profitability, FuboTV has a trailing twelve months EPS of $-3.735.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -99.5%.

Yearly Top and Bottom Value

FuboTV’s stock is valued at $1.20 at 15:22 EST, way under its 52-week low of $1.35.

Volume

Today’s last reported volume for FuboTV is 8013633 which is 35.52% below its average volume of 12428400.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, FuboTV’s stock is considered to be overbought (>=80).

More news about FuboTV (FUBO).

Leave a Reply

Your email address will not be published. Required fields are marked *