DraftKings Inc (DKNG) concluded trading on Wednesday at a closing price of $35.02, with 5.43 million shares of worth about $190.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.59% during that period and on Wednesday the price saw a loss of about -1.49%. Currently the company’s common shares owned by public are about 496.34M shares, out of which, 477.84M shares are available for trading.
Stock saw a price change of -2.91% in past 5 days and over the past one month there was a price change of 5.23%. Year-to-date (YTD), DKNG shares are showing a performance of -5.86% which decreased to -13.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.69 but also hit the highest price of $53.61 during that period. The average intraday trading volume for DraftKings Inc shares is 10.98 million. The stock is currently trading -1.55% below its 20-day simple moving average (SMA20), while that difference is down -0.41% for SMA50 and it goes to -8.90% lower than SMA200.
DraftKings Inc (NASDAQ: DKNG) currently have 496.34M outstanding shares and institutions hold larger chunk of about 83.14% of that.
The stock has a current market capitalization of $31.14B and its 3Y-monthly beta is at 1.62. It has posted earnings per share of -$0.82 in the same period. It has Quick Ratio of 1.20 while making debt-to-equity ratio of 2.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DKNG, volatility over the week remained 1.58% while standing at 2.22% over the month. Stock’s fiscal year EPS is expected to rise by 134.64% while it is estimated to increase by 298.43% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BTIG Research on April 22, 2025 offering a Buy rating for the stock and assigned a target price range of between $64 and $52 to it. Coverage by Susquehanna stated DraftKings Inc (DKNG) stock as a Positive in their note to investors on January 08, 2025, suggesting a price target of $54 for the stock. On October 18, 2024, Mizuho Reiterated their recommendations, while on October 07, 2024, Susquehanna Reiterated their ratings for the stock with a price target of $50. Stock get a Neutral rating from Exane BNP Paribas on September 10, 2024.
