At the end of the latest market close, DraftKings Inc. (DKNG) was valued at $48.21. In that particular session, Stock kicked-off at the price of $49.91 while reaching the peak value of $53.2537 and lowest value recorded on the day was $49.50. The stock current value is $51.03.
The 1-year high price for the company’s stock is recorded $53.25 on 09/16/20, with the lowest value was $10.60 for the same time period, recorded on 03/12/20.
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, DraftKings Inc. shares are logging 2.31% during the 52-week period from high price, and 418.60% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.84 and $49.88.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 49311164 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the DraftKings Inc. (DKNG) recorded performance in the market was 376.92%, having the revenues showcasing 25.32% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 18.62B, as it employees total of 2 workers.
Market experts do have their say about DraftKings Inc. (DKNG)
During the last month, 9 analysts gave the DraftKings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 34.33, with a change in the price was noted +31.68. In a similar fashion, DraftKings Inc. posted a movement of +163.72% for the period of last 100 days, recording 14,376,990 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DKNG is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of DraftKings Inc. (DKNG)
Raw Stochastic average of DraftKings Inc. in the period of last 50 days is set at 91.35%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.28%. In the last 20 days, the company’s Stochastic %K was 91.07% and its Stochastic %D was recorded 88.41%.
Bearing in mind the latest performance of DraftKings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 376.92%. The shares increased approximately by 26.37% in the 7-day charts and went down by 47.15% in the period of the last 30 days. Common stock shares were driven by 25.32% during last recorded quarter.