As on Thursday, DraftKings Inc (NASDAQ: DKNG) got off with the flyer as it spiked 2.22% to $46.45, before settling in for the price of $45.44 at the close. Taking a more long-term approach, DKNG posted a 52-week range of $28.69-$49.57.
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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 84.35% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -22.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 153.50%. This publicly-traded company’s shares outstanding now amounts to $487.17 million, simultaneously with a float of $470.00 million. The organization now has a market capitalization sitting at $40.91 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.84, while the 200-day Moving Average is $38.90.
DraftKings Inc (DKNG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Gambling industry. DraftKings Inc’s current insider ownership accounts for 3.62%, in contrast to 78.07% institutional ownership. Preceding that transaction, on Jan 10 ’25, Company’s insider sold 200,000 for 39.00, making the whole transaction’s value amount to 7,800,000. This particular insider is now the holder of 1,342,722 in total.
DraftKings Inc (DKNG) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
DraftKings Inc’s EPS increase for this current 12-month fiscal period is 153.50% and is forecasted to reach 1.41 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 1.58. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.88. Similarly, its price to free cash flow for trailing twelve months is now 263.09.
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 0.03 in the next quarter, and analysts are predicting that it will be 1.41 at the market close of one year from today.
Technical Analysis of DraftKings Inc (DKNG)
Through scrutinizing the latest numbers posted by the [DraftKings Inc, DKNG], it can be observed that its last 5-days Average volume of 10.61 million was better the volume of 8.08 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 91.31% While, its Average True Range was 1.64.
Raw Stochastic average of DraftKings Inc (DKNG) in the period of the previous 100 days is set at 94.58%, which indicates a major rise in contrast to 91.15% 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 24.73% that was lower than 37.33% volatility it exhibited in the past 100-days period.
