stoxline Quote Chart Rank Option Currency Glossary
  
DraftKings Inc. (DKNG)
41.64  -0.57 (-1.35%)    04-18 16:00
Open: 42.33
High: 42.53
Volume: 10,813,527
  
Pre. Close: 42.21
Low: 41.3
Market Cap: 19,722(M)
Technical analysis
2024-04-18 5:09:16 PM
Short term     
Mid term     
Targets 6-month :  54.2 1-year :  57.89
Resists First :  46.41 Second :  49.56
Pivot price 44.7
Supports First :  41.29 Second :  34.36
MAs MA(5) :  43.34 MA(20) :  45.35
MA(100) :  40.2 MA(250) :  33.01
MACD MACD :  -0.2 Signal :  0.4
%K %D K(14,3) :  10.7 D(3) :  12
RSI RSI(14): 39.7
52-week High :  49.56 Low :  20.26
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ DKNG ] has closed below the lower bollinger band by 8.1%. Although price has broken the lower band and a downside breakout is possible; the most likely direction for [ DKNG ] is to continue within current trading range. Bollinger Bands are 10% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 42.61 - 42.85 42.85 - 43.12
Low: 40.63 - 40.89 40.89 - 41.18
Close: 41.14 - 41.6 41.6 - 42.11
Company Description

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Headline News

Wed, 17 Apr 2024
Valeo Financial Advisors LLC Sells 2077 Shares of DraftKings Inc. (NASDAQ:DKNG) - Defense World

Wed, 17 Apr 2024
Mirae Asset Global Investments Co. Ltd. Buys 1999 Shares of DraftKings Inc. (NASDAQ:DKNG) - Defense World

Tue, 16 Apr 2024
DraftKings Inc. (NASDAQ:DKNG) Stock Holdings Reduced by Marino Stram & Associates LLC - MarketBeat

Tue, 16 Apr 2024
DraftKings Stock Has Upside To Street Estimates, Analyst Says: Sports Betting Play Will 'Benefit From Healthy Growth' - Markets Insider

Tue, 16 Apr 2024
Stratos Wealth Partners LTD. Has $276000 Holdings in DraftKings Inc. (NASDAQ:DKNG) - Defense World

Tue, 16 Apr 2024
Goldman Sachs Starts DraftKings Inc. (DKNG) at Buy, 'Inflecting Profitability as Unit Economics Improve' - StreetInsider.com

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Consumer Cyclical
Industry:
Gambling, Resorts & Casinos
Shares Out 476 (M)
Shares Float 461 (M)
Held by Insiders 2.6 (%)
Held by Institutions 69.4 (%)
Shares Short 20,370 (K)
Shares Short P.Month 16,700 (K)
Stock Financials
EPS -1.74
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 1.77
Profit Margin -21.9 %
Operating Margin -3.5 %
Return on Assets (ttm) -12.4 %
Return on Equity (ttm) -74.2 %
Qtrly Rev. Growth 43.9 %
Gross Profit (p.s.) 0
Sales Per Share 7.71
EBITDA (p.s.) -1.23
Qtrly Earnings Growth 0 %
Operating Cash Flow -2 (M)
Levered Free Cash Flow 265 (M)
Stock Valuations
PE Ratio -24.07
PEG Ratio 3.8
Price to Book value 23.39
Price to Sales 5.39
Price to Cash Flow -11318.5
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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