Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations

DraftKings Inc. (DKNG)

19.58   -0.99 (-4.81%) 08-19 01:25
Open: 20.67 Pre. Close: 20.57
High: 20.67 Low: 19.4438
Volume: 20,631,525 Market Cap: 8,783(M)
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.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 21.06 - 21.2 21.2 - 21.32
Low: 19.81 - 19.95 19.95 - 20.06
Close: 20.37 - 20.59 20.59 - 20.78

Technical analysis

as of: 2022-08-18 3:52:03 PM
Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected.
Target: Six months: 25.04     One year: 29.25
Support: Support1: 15.21    Support2: 11.35
Resistance: Resistance1: 21.44    Resistance2: 25.04
Pivot: 18.06
Moving Average: MA(5): 20.48     MA(20): 16.89
MA(100): 14.46     MA(250): 26.65
MACD: MACD(12,26): 1.9     Signal(9): 1.6
Stochastic oscillator: %K(14,3): 86.4     %D(3): 91.4
RSI: RSI(14): 65.8
52-week: High: 64.58  Low: 9.77
Average Vol(K): 3-Month: 20,726 (K)  10-Days: 28,106 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ DKNG ] has closed below upper band by 31.9%. Bollinger Bands are 88.6% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 8 days. This is a sign that the current trend might continue.

Headline News

Thu, 18 Aug 2022
Analyst Rating: Will DraftKings Inc (DKNG) Stock Beat the Market? - InvestorsObserver

Thu, 18 Aug 2022
Toronto Dominion Bank Boosts Stock Position in DraftKings Inc. (NASDAQ:DKNG) - Defense World

Wed, 17 Aug 2022
DraftKings Stock is in Focus This NFL Season - Nasdaq

Tue, 16 Aug 2022
Noteworthy Tuesday Option Activity: ROKU, SWBI, DKNG - Nasdaq

Sun, 14 Aug 2022
DraftKings Inc. (NASDAQ:DKNG) Shares Sold by Mitsubishi UFJ Kokusai Asset Management Co. Ltd. - Defense World

Thu, 11 Aug 2022
Is it Time to Dump DraftKings Inc (DKNG) Stock After it Has Risen 23.23% in a Week? - InvestorsObserver

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Underperform
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Underperform
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Consumer Cyclical
Industry:  Gambling
Shares Out. 437 (M)
Shares Float 393 (M)
% Held by Insiders 9.1 (%)
% Held by Institutions 60 (%)
Shares Short 40,100 (K)
Shares Short P.Month 41,680 (K)

Stock Financials

EPS -4.06
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 3.31
Profit Margin (%) -117.4
Operating Margin (%) -123.3
Return on Assets (ttm) -26.3
Return on Equity (ttm) -88.8
Qtrly Rev. Growth 33.5
Gross Profit (p.s.) 1.14
Sales Per Share 3.2
EBITDA (p.s.) -3.66
Qtrly Earnings Growth 0
Operating Cash Flow -716 (M)
Levered Free Cash Flow -302 (M)

Stock Valuations

PE Ratio -4.87
PEG Ratio 0.6
Price to Book value 5.93
Price to Sales 6.15
Price to Cash Flow -12.04

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
7 Binary Options
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.