DraftKings Inc (DKNG) is gearing up for another turning point as it hit the volume of 7.25 million

DraftKings Inc (NASDAQ: DKNG) kicked off on Monday, up 3.73% from the previous trading day, before settling in for the closing price of $36.50. Over the past 52 weeks, DKNG has traded in a range of $28.69-$53.61.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 71.28%. While this was happening, its average annual earnings per share was recorded 133.02%. With a float of $477.80 million, this company’s outstanding shares have now reached $496.34 million.

Considering the fact that the conglomerate employs 5100 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 38.33%, operating margin of -10.33%, and the pretax margin is -9.78%.

DraftKings Inc (DKNG) Insider Activity

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 3.73%, while institutional ownership is 83.05%. The most recent insider transaction that took place on Jun 02 ’25, was worth 1,767,549. In this transaction Chief Legal Officer of this company sold 52,777 shares at a rate of $33.49, taking the stock ownership to the 516,563 shares. Before that another transaction happened on May 30 ’25, when Company’s Director sold 3,136 for $35.28, making the entire transaction worth $110,638. This insider now owns 5,947 shares in total.

DraftKings Inc (DKNG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 133.02% 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 6.73. Likewise, its price to free cash flow for the trailing twelve months is 93.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 1.43 in one year’s time.

Technical Analysis of DraftKings Inc (DKNG)

Compared to the last year’s volume of 10.73 million, its volume of 8.9 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.72%. Additionally, its Average True Range was 1.38.

During the past 100 days, DraftKings Inc’s (DKNG) raw stochastic average was set at 34.29%, which indicates a significant decrease from 93.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.62% in the past 14 days, which was lower than the 55.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.00, while its 200-day Moving Average is $38.59. Nevertheless, the first resistance level for the watch stands at $38.24 in the near term. At $38.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.30. If the price goes on to break the first support level at $37.18, it is likely to go to the next support level at $36.50. Should the price break the second support level, the third support level stands at $36.12.

DraftKings Inc (NASDAQ: DKNG) Key Stats

The company with the Market Capitalisation of 33.67 billion has total of 889,300K 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 1,409 M and last quarter income was -33,860 K.

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