DraftKings Inc (NASDAQ: DKNG) kicked off on Monday, up 4.69% from the previous trading day, before settling in for the closing price of $36.23. Over the past 52 weeks, DKNG has traded in a range of $28.69-$53.61.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 73.49%. While this was happening, its average annual earnings per share was recorded 135.74%. With a float of $481.20 million, this company’s outstanding shares have now reached $496.34 million.
Let’s determine the extent of company efficiency that accounts for 5100 employees.
DraftKings Inc (DKNG) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Gambling Industry. The insider ownership of DraftKings Inc is 3.75%, while institutional ownership is 78.59%. The most recent insider transaction that took place on May 12 ’25, was worth 7,965,300. Before that another transaction happened on May 05 ’25, when Company’s Chief Legal Officer sold 52,777 for $34.04, making the entire transaction worth $1,796,529. This insider now owns 549,197 shares in total.
DraftKings Inc (DKNG) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 135.74% per share during the next fiscal year.
DraftKings Inc (NASDAQ: DKNG) Trading Performance Indicators
Take a look at DraftKings Inc’s (DKNG) current performance indicators. Last quarter, stock had a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.79. Likewise, its price to free cash flow for the trailing twelve months is 52.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.45 in one year’s time.
Technical Analysis of DraftKings Inc (DKNG)
Looking closely at DraftKings Inc (NASDAQ: DKNG), its last 5-days average volume was 16.94 million, which is a jump from its year-to-date volume of 11.06 million. As of the previous 9 days, the stock’s Stochastic %D was 80.00%. Additionally, its Average True Range was 1.73.
During the past 100 days, DraftKings Inc’s (DKNG) raw stochastic average was set at 34.58%, which indicates a significant decrease from 85.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.86% in the past 14 days, which was lower than the 54.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.87, while its 200-day Moving Average is $38.31. However, in the short run, DraftKings Inc’s stock first resistance to watch stands at $38.72. Second resistance stands at $39.51. The third major resistance level sits at $40.17. If the price goes on to break the first support level at $37.27, it is likely to go to the next support level at $36.61. Now, if the price goes above the second support level, the third support stands at $35.82.
DraftKings Inc (NASDAQ: DKNG) Key Stats
The company with the Market Capitalisation of 18.96 billion has total of 882,970K Shares Outstanding. Its annual sales at the moment are 4,768 M in contrast with the sum of -507,290 K annual income. Company’s last quarter sales were recorded 1,393 M and last quarter income was -134,850 K.
