DraftKings Inc. (DKNG) |
29.04 -0.4 (-1.36%)
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10-02 16:00 |
Open: |
29.33 |
Pre. Close: |
29.44 |
High:
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29.88 |
Low:
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28.62 |
Volume:
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8,561,022 |
Market Cap:
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13,474(M) |
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Technical analysis |
as of: 2023-10-02 4:49:31 PM |
Short-term rate:
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Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
Mid-term rate:
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Target: |
Six months: 35.7 One year: 38.13 |
Support: |
Support1: 27.2 Support2: 22.63 |
Resistance: |
Resistance1: 30.56 Resistance2: 32.65 |
Pivot: |
29.56  |
Moving Average: |
MA(5): 28.87 MA(20): 29.92 
MA(100): 27.78 MA(250): 20.84  |
MACD: |
MACD(12,26): -0.2 Signal(9): -0.1  |
Stochastic oscillator: |
%K(14,3): 36.6 %D(3): 32.7  |
RSI: |
RSI(14): 47.8  |
52-week: |
High: 34.49 Low: 10.69 |
Average Vol(K): |
3-Month: 11,894 (K) 10-Days: 10,745 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed above 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 NEUTRAL in short-term; and NEUTRAL in mid-long term.[ DKNG ] has closed above bottom band by 39.6%. Bollinger Bands are 11.1% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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29.92 - 30.07 |
30.07 - 30.2 |
Low:
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28.28 - 28.44 |
28.44 - 28.56 |
Close:
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28.81 - 29.06 |
29.06 - 29.26 |
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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 |
Mon, 02 Oct 2023 Can DraftKings Inc (DKNG) Stock Rise to the Top of Consumer Cyclical Sector Monday? - InvestorsObserver
Mon, 02 Oct 2023 AJ Wealth Strategies LLC Buys Shares of 11787 DraftKings Inc ... - MarketBeat
Thu, 28 Sep 2023 DraftKings (DKNG) Launches Its Online Sportsbook in Kentucky - Yahoo Finance
Wed, 27 Sep 2023 GDEN: Entertainment Buy or Sell? Analyzing DraftKings (DKNG ... - StockNews.com
Wed, 27 Sep 2023 DraftKings Inc (DKNG) Up 0.93% in Premarket Trading - InvestorsObserver
Tue, 26 Sep 2023 Benchmark Reiterates DraftKings Inc. - (DKNG) Buy Recommendation - Nasdaq
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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: |
Neutral |
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. |
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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: NASDAQ |
Sector: Consumer Cyclical |
Industry: Gambling |
Shares Out. |
464 (M) |
Shares Float |
449 (M) |
% Held by Insiders
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5 (%) |
% Held by Institutions
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56.1 (%) |
Shares Short
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24,270 (K) |
Shares Short P.Month
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24,100 (K) |
Stock Financials |
EPS
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-2.47 |
EPS Est Next Qtl
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0 |
EPS Est This Year
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0 |
EPS Est Next Year
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0 |
Book Value (p.s.)
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2.2 |
Profit Margin (%)
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-39 |
Operating Margin (%)
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-38.1 |
Return on Assets (ttm)
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-18.5 |
Return on Equity (ttm)
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-84 |
Qtrly Rev. Growth
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87.6 |
Gross Profit (p.s.)
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1.62 |
Sales Per Share
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6.46 |
EBITDA (p.s.)
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-2.06 |
Qtrly Earnings Growth
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0 |
Operating Cash Flow
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-315 (M) |
Levered Free Cash Flow
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10 (M) |
Stock Valuations |
PE Ratio
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-11.81 |
PEG Ratio
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-0.5 |
Price to Book value
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13.19 |
Price to Sales
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4.49 |
Price to Cash Flow
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-42.72 |
Stock Dividends |
Dividend
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0 |
Forward Dividend
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0 |
Dividend Yield
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0% |
Dividend Pay Date
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Invalid DateTime. |
Ex-Dividend Date
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Invalid DateTime. |
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