DraftKings Inc (NASDAQ: DKNG) open the trading on Thursday, with great promise as it jumped 1.29% to $41.51, before settling in for the price of $40.98 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 50.25%. This publicly-traded company’s shares outstanding now amounts to $487.17 million, simultaneously with a float of $470.07 million. The organization now has a market capitalization sitting at $36.56 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.79, while the 200-day Moving Average is $38.94.
DraftKings Inc (DKNG) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Gambling industry. DraftKings Inc’s current insider ownership accounts for 3.60%, in contrast to 76.11% institutional ownership. According to the most recent insider trade that took place on Jan 10 ’25, this organization’s insider sold 200,000 shares at the rate of 39.00, making the entire transaction reach 7,800,000 in total value, affecting insider ownership by 1,342,722. Preceding that transaction, on Dec 26 ’24, Company’s insider sold 532,095 for 38.30, making the whole transaction’s value amount to 20,379,238. This particular insider is now the holder of 68,654 in total.
DraftKings Inc (DKNG) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
DraftKings Inc’s EPS increase for this current 12-month fiscal period is 50.25% and is forecasted to reach 0.57 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 1.57. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.94. Similarly, its price to free cash flow for trailing twelve months is now 235.11.
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 -0.10 in the next quarter, and analysts are predicting that it will be 0.57 at the market close of one year from today.
Technical Analysis of DraftKings Inc (DKNG)
[DraftKings Inc, DKNG] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 84.64% While, its Average True Range was 1.60.
Raw Stochastic average of DraftKings Inc (DKNG) in the period of the previous 100 days is set at 65.40%, which indicates a major fall in contrast to 89.52% 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 36.46% that was lower than 38.86% volatility it exhibited in the past 100-days period.
