The market has been neutral on Fubotv Inc (FUBO) stock recently. FUBO gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With FUBO Stock Today?
Fubotv Inc (FUBO) stock is trading at $19.94 as of 10:02 AM on Friday, May 14, an increase of $1.69, or 9.26% from the previous closing price of $18.25. The stock has traded between $18.53 and $19.95 so far today. Volume today is less active than usual. So far 1,747,433 shares have traded compared to average volume of 18,160,995 shares.
To see InvestorsObserver's Sentiment Score for Fubotv Inc click here.
More About Fubotv Inc
FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, fuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offer subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality (Attachments) best suited to their preferences.
Click Here to get the full Stock Score Report on Fubotv Inc (FUBO) Stock.
