DraftKings Inc (DKNG) kicked off at the price of $34.54: Venture capitalists have an exciting new opportunity

Steve Mayer

On Tuesday, DraftKings Inc (NASDAQ: DKNG) opened lower -1.03% from the last session, before settling in for the closing price of $34.9. Price fluctuations for DKNG have ranged from $26.23 to $53.61 over the past 52 weeks.

During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -6.36%. Company’s average yearly earnings per share was noted 83.03% at the time writing. With a float of $479.00 million, this company’s outstanding shares have now reached $496.50 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

A key investor’s attitude towards the stock of the Gambling industry is another important factor to consider. The insider ownership of DraftKings Inc is 3.77%, while institutional ownership is 82.89%. The most recent insider transaction that took place on Dec 01 ’25, was worth 1,785,990. In this transaction Chief Legal Officer of this company sold 52,777 shares at a rate of $33.84, taking the stock ownership to the 512,182 shares. Before that another transaction happened on Dec 01 ’25, when Company’s Officer proposed sale 52,777 for $32.81, making the entire transaction worth $1,731,613.

DraftKings Inc (DKNG) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 83.03% per share during the next fiscal year.

DraftKings Inc (NASDAQ: DKNG) Trading Performance Indicators

Check out the current performance indicators for DraftKings Inc (DKNG). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.64. Likewise, its price to free cash flow for the trailing twelve months is 47.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.73 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 10.24 million, which is a drop from its year-to-date volume of 11.89 million. As of the previous 9 days, the stock’s Stochastic %D was 31.73%.

During the past 100 days, DraftKings Inc’s (DKNG) raw stochastic average was set at 36.85%, which indicates a significant increase from 31.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.34 in the past 14 days, which was lower than the 1.43 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.46, while its 200-day Moving Average is $37.80. However, in the short run, DraftKings Inc’s stock first resistance to watch stands at $35.00. Second resistance stands at $35.46. The third major resistance level sits at $36.12. If the price goes on to break the first support level at $33.88, it is likely to go to the next support level at $33.22. Now, if the price goes above the second support level, the third support stands at $32.76.

DraftKings Inc (NASDAQ: DKNG) Key Stats

There are currently 497,773K shares outstanding in the company with a market cap of 30.77 billion. Presently, the company’s annual sales total 4,768 M according to its annual income of -507,290 K. Last quarter, the company’s sales amounted to 1,144 M and its income totaled -256,790 K.

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