Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. DraftKings Inc’s current trading price is -19.05% away from its 52-week high, while its distance from the 52-week low is 51.25%. The stock’s price range over this period has fluctuated between $28.69 and $53.61. The company, operating within the financial sector, had a trading volume of approximately 2.78 million for the day, which was noticeably lower than the average daily share volume of 9.58 million over the last 3 months.
DraftKings Inc (DKNG) stock is currently valued at $43.4. During the last session, the stock experienced a remarkable rise, reaching $78.0 after opening at $43.61. The stock briefly dropped to $37.0 before ultimately closing at $44.28.
In terms of market performance, DraftKings Inc had a fairly even. The highest value for the stock in the past year was $53.61 on 02/14/25, and the lowest value was recorded at $28.69 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
DraftKings Inc (DKNG) has experienced a quarterly rise of 30.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.59B and boasts a workforce of 5100 employees.
DraftKings Inc: What Analysts Are Saying
As of right now, 21 analysts are rating DraftKings Inc as a BUY, 7 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.74, with a change in price of +0.23. Similarly, DraftKings Inc recorded 10,122,344 in trading volume during the last 100 days, posting a change of +0.53%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for DKNG stands at 2.20. Similarly, the long-term debt-to-equity ratio is also 2.19.
DKNG Stock Stochastic Average
Today, DraftKings Inc’s raw stochastic average for the past 50 days stands at 87.69%, indicating a rise from the raw stochastic average of the last 20 days, which was 70.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 82.69% and 85.56% respectively.
DKNG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 21.28%. However, over the last six months, the performance has been weaker by 5.56%. The price of DKNG increased 1.18% over the last 30 days. And in the last five days, it has fallen by -2.61%.
