DraftKings Inc (NASDAQ: DKNG) started the day on Wednesday, with a price decrease of -4.84% at $38.75, before settling in for the price of $40.72 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 Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 84.35%. Meanwhile, its Annual Earning per share during the time was -22.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.95%. This publicly-traded company’s shares outstanding now amounts to $487.17 million, simultaneously with a float of $469.43 million. The organization now has a market capitalization sitting at $34.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.07, while the 200-day Moving Average is $39.55.
DraftKings Inc (DKNG) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Gambling Industry. DraftKings Inc’s current insider ownership accounts for 3.73%, in contrast to 76.18% institutional ownership. According to the most recent insider trade that took place on Dec 09 ’24, this organization’s Chief Legal Officer sold 228,496 shares at the rate of 42.74, making the entire transaction reach 9,765,919 in total value, affecting insider ownership by 541,884.
DraftKings Inc (DKNG) Earnings and Revenue Records
DraftKings Inc’s EPS increase for this current 12-month fiscal period is 55.95% 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 1.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.41. Similarly, its price to free cash flow for trailing twelve months is now 219.48.
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)
If we take a close look at the recent performances of DraftKings Inc (NASDAQ: DKNG), its last 5-days Average volume was 9.32 million that shows plunge from its year to date volume of 10.15 million. During the previous 9 days, stock’s Stochastic %D was recorded 13.09% While, its Average True Range was 1.74.
Raw Stochastic average of DraftKings Inc (DKNG) in the period of the previous 100 days is set at 58.56%, which indicates a major rise in contrast to 6.56% 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 36.75% that was lower than 43.57% volatility it exhibited in the past 100-days period.
