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Barrington Research analysts reiterates a Mkt perform rating for fuboTV Inc (FUBO)

fuboTV Inc’s recent filing unveils that its Chief Financial Officer Janedis John unloaded Company’s shares for reported $0.12 million on Nov 22 ’24. In the deal valued at $1.50 per share,76,766 shares were sold. As a result of this transaction, Janedis John now holds 0 shares worth roughly $0.0.

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Then, Janedis John sold 74,326 shares, generating $109,259 in total proceeds. Upon selling the shares at $1.47, the Chief Financial Officer now owns 76,766 shares.

Before that, Horihuela Alberto sold 47,478 shares. fuboTV Inc shares valued at $69,793 were divested by the Chief Operating Officer at a price of $1.47 per share. As a result of the transaction, Horihuela Alberto now holds 1,471,325 shares, worth roughly $2.16 million.

Barrington Research reiterated its fuboTV Inc [FUBO] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Neutral”. Needham also remained covering FUBO and reiterated its “Buy” recommendation on July 05, 2024. Seaport Research Partners revised its rating on March 04, 2024. It rated FUBO as “a Buy” which previously was an “a Neutral”.

Price Performance Review of FUBO

On Tuesday, fuboTV Inc [NYSE:FUBO] saw its stock unchanged to $1.47. Over the last five days, the stock has lost -16.00%. fuboTV Inc shares have fallen nearly -53.77% since the year began. Nevertheless, the stocks have fallen -56.25% over the past one year. While a 52-week high of $3.55 was reached on 01/02/24, a 52-week low of $1.10 was recorded on 06/21/24. SMA at 50 days reached $1.5710, while 200 days put it at $1.4724.

Levels Of Support And Resistance For FUBO Stock

The 24-hour chart illustrates a support level at 1.4200, which if violated will result in even more drops to 1.3701. On the upside, there is a resistance level at 1.5199. A further resistance level may holdings at 1.5699. The Relative Strength Index (RSI) on the 14-day chart is 42.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1445, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.80%. Stochastics %K at 17.48% indicates the stock is a buying.

How much short interest is there in fuboTV Inc?

A steep rise in short interest was recorded in fuboTV Inc stocks on 2024-11-29, growing by 4.32 million shares to a total of 39.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 34.91 million shares. There was a rise of 11.01%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 12, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $5 price target.

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