On Monday, DraftKings Inc (NASDAQ: DKNG) was -1.51% drop from the session before settling in for the closing price of $33.79. A 52-week range for DKNG has been $28.69 – $53.61.
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Annual sales at Consumer Cyclical sector company grew by 73.49% over the past five years. When this article was written, the company’s average yearly earnings per share was at 145.46%. With a float of $480.57 million, this company’s outstanding shares have now reached $489.07 million.
Let’s look at the performance matrix of the company that is accounted for 5100 employees. In terms of profitability, gross margin is 38.11%, operating margin of -12.77%, and the pretax margin is -12.44%.
DraftKings Inc (DKNG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward DraftKings Inc stocks. The insider ownership of DraftKings Inc is 3.89%, while institutional ownership is 78.87%. The most recent insider transaction that took place on Apr 21 ’25, was worth 1,703,874. In this transaction Chief Legal Officer of this company sold 52,777 shares at a rate of $32.28, taking the stock ownership to the 601,520 shares. Before that another transaction happened on Apr 21 ’25, when Company’s Officer proposed sale 52,777 for $32.28, making the entire transaction worth $1,703,805.
DraftKings Inc (DKNG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 145.46% per share during the next fiscal year.
DraftKings Inc (NASDAQ: DKNG) Trading Performance Indicators
You can see what DraftKings Inc (DKNG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.23. Likewise, its price to free cash flow for the trailing twelve months is 72.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 1.53 in one year’s time.
Technical Analysis of DraftKings Inc (DKNG)
DraftKings Inc (NASDAQ: DKNG) saw its 5-day average volume 9.34 million, a negative change from its year-to-date volume of 10.88 million. As of the previous 9 days, the stock’s Stochastic %D was 46.62%. Additionally, its Average True Range was 2.00.
During the past 100 days, DraftKings Inc’s (DKNG) raw stochastic average was set at 15.19%, which indicates a significant decrease from 37.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.62% in the past 14 days, which was higher than the 54.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.30, while its 200-day Moving Average is $38.47. Nevertheless, the first resistance level for the watch stands at $34.25 in the near term. At $35.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.00. If the price goes on to break the first support level at $32.50, it is likely to go to the next support level at $31.73. Assuming the price breaks the second support level, the third support level stands at $30.75.
DraftKings Inc (NASDAQ: DKNG) Key Stats
There are 882,970K outstanding shares of the company, which has a market capitalization of 29.72 billion. As of now, sales total 4,768 M while income totals -507,290 K. Its latest quarter income was 1,393 M while its last quarter net income were -134,850 K.
