stoxline Quote Chart Rank Option Currency Glossary
  
DraftKings Inc. (DKNG)
37.8  -0.79 (-2.05%)    09-13 16:00
Open: 38.95
High: 39.35
Volume: 9,749,354
  
Pre. Close: 38.59
Low: 37.685
Market Cap: 18,353(M)
Technical analysis
2024-09-13 4:33:02 PM
Short term     
Mid term     
Targets 6-month :  45.96 1-year :  53.68
Resists First :  39.34 Second :  45.96
Pivot price 35.72
Supports First :  33.13 Second :  29.29
MAs MA(5) :  37.5 MA(20) :  35.51
MA(100) :  37.86 MA(250) :  37.49
MACD MACD :  0.7 Signal :  0.3
%K %D K(14,3) :  90.1 D(3) :  89.4
RSI RSI(14): 60.4
52-week High :  49.56 Low :  25.72
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.
[ DKNG ] has closed below upper band by 16.2%. Bollinger Bands are 16.9% 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: 39.38 - 39.58 39.58 - 39.71
Low: 37.22 - 37.48 37.48 - 37.64
Close: 37.43 - 37.82 37.82 - 38.07
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

Sat, 14 Sep 2024
DraftKings Inc. (NASDAQ:DKNG) Shares Purchased by Federated Hermes Inc. - MarketBeat

Fri, 13 Sep 2024
DraftKings Inc. Cl A stock falls Friday, underperforms market - MarketWatch

Fri, 13 Sep 2024
DraftKings (DKNG) Is Considered a Good Investment by Brokers: Is That True? - Yahoo Finance

Fri, 13 Sep 2024
Victory Capital Management Inc. Trims Stake in DraftKings Inc. (NASDAQ:DKNG) - MarketBeat

Thu, 12 Sep 2024
Candriam S.C.A. Makes New Investment in DraftKings Inc. (NASDAQ:DKNG) - MarketBeat

Thu, 12 Sep 2024
Brokerages Set DraftKings Inc. (NASDAQ:DKNG) Target Price at $49.78 - MarketBeat

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.
Underperform
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.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Consumer Cyclical
Industry:
Gambling, Resorts & Casinos
Shares Out 486 (M)
Shares Float 474 (M)
Held by Insiders 2.4 (%)
Held by Institutions 73.3 (%)
Shares Short 21,660 (K)
Shares Short P.Month 20,420 (K)
Stock Financials
EPS -0.88
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 2.67
Profit Margin -9.5 %
Operating Margin -1.1 %
Return on Assets (ttm) -7.6 %
Return on Equity (ttm) -35.1 %
Qtrly Rev. Growth 26.2 %
Gross Profit (p.s.) 0
Sales Per Share 8.85
EBITDA (p.s.) -0.52
Qtrly Earnings Growth 0 %
Operating Cash Flow 176 (M)
Levered Free Cash Flow 363 (M)
Stock Valuations
PE Ratio -43.45
PEG Ratio 1.4
Price to Book value 14.15
Price to Sales 4.26
Price to Cash Flow 104
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android