A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 36.92% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 49.19%. Over the past 30 days, the price of DKNG has fallen by 28.36%. And in the last five days, it has surged by 18.90%.
DraftKings Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $53.61 on 02/14/25, while the lowest value for the same period was recorded at $28.69 on 08/05/24.
52-week price history of DKNG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. DraftKings Inc’s current trading price is -4.99% away from its 52-week high, while its distance from the 52-week low is 77.54%. The stock’s price range during this period has varied between$28.69 and $53.61. The DraftKings Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 6.18 million for the day, a figure considerably lower than their average daily volume of 8.54 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
DraftKings Inc (DKNG) has experienced a quarterly rise of 21.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.86B and boasts a workforce of 5100 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 40.32, with a change in price of +11.91. Similarly, DraftKings Inc recorded 8,728,492 in trading volume during the last 100 days, posting a change of +30.05%.
DKNG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for DKNG stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.31.
DKNG Stock Stochastic Average
DraftKings Inc’s raw stochastic average for the past 50 days is presently 88.27%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 85.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.52% and 96.08%, respectively.
