DraftKings Inc (NASDAQ: DKNG) established initial surge of 1.82% at $44.77, before settling in for the price of $43.97 at the close. Taking a more long-term approach, DKNG posted a 52-week range of $28.69-$49.57.
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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 84.35%. Meanwhile, its Annual Earning per share during the time was -22.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 56.00%. This publicly-traded company’s shares outstanding now amounts to $487.17 million, simultaneously with a float of $469.68 million. The organization now has a market capitalization sitting at $39.43 billion. At the time of writing, stock’s 50-day Moving Average stood at $39.58, while the 200-day Moving Average is $39.59.
DraftKings Inc (DKNG) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the DraftKings Inc industry. DraftKings Inc’s current insider ownership accounts for 3.68%, in contrast to 76.19% institutional ownership. According to the most recent insider trade that took place on Nov 21 ’24, this organization’s insider sold 3,151 shares at the rate of 43.71, making the entire transaction reach 137,730 in total value, affecting insider ownership by 0.
DraftKings Inc (DKNG) Earnings and Revenue Records
DraftKings Inc’s EPS increase for this current 12-month fiscal period is 56.00% and is forecasted to reach 0.54 in the upcoming year.
DraftKings Inc (NASDAQ: DKNG) Trading Performance Indicators
Let’s observe the current performance indicators for DraftKings Inc (DKNG). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 1.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.56. Similarly, its price to free cash flow for trailing twelve months is now 253.58.
In the same vein, DKNG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.87, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be 0.54 at the market close of one year from today.
Technical Analysis of DraftKings Inc (DKNG)
Now, what If we examine the latest scores posted by [DraftKings Inc, DKNG]. During the last 5-days, its volume was lower the volume of 10.23 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 77.60% While, its Average True Range was 1.31.
Raw Stochastic average of DraftKings Inc (DKNG) in the period of the previous 100 days is set at 97.28%, which indicates a major rise in contrast to 92.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.93% that was lower than 43.36% volatility it exhibited in the past 100-days period.
