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After finishing at $35.29 in the prior trading day, DraftKings Inc (NASDAQ: DKNG) closed at $33.21, down -5.89%. In other words, the price has decreased by -$5.89 from its previous closing price. On the day, 15.04 million shares were traded. DKNG stock price reached its highest trading level at $34.415 during the session, while it also had its lowest trading level at $32.73.
Ratios:
Our goal is to gain a better understanding of DKNG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.76. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on January 08, 2025, Reiterated its Positive rating but revised its target price to $54 from $56 previously.
On October 18, 2024, Mizuho reiterated its Outperform rating and also lowered its target price recommendation from $54 to $62.
Susquehanna reiterated its Positive rating for the stock on October 07, 2024, while the target price for the stock was revised from $48 to $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 25 ’25 when Liberman Paul sold 643,654 shares for $38.95 per share. The transaction valued at 25,071,608 led to the insider holds 0 shares of the business.
Liberman Paul bought 643,654 shares of DKNG for $26,067,987 on Mar 25 ’25. On Mar 17 ’25, another insider, Dodge R Stanton, who serves as the Chief Legal Officer of the company, sold 52,777 shares for $39.00 each. As a result, the insider received 2,058,303 and left with 653,843 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DKNG now has a Market Capitalization of 17654069248 and an Enterprise Value of 16818241536. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.22 while its Price-to-Book (P/B) ratio in mrq is 16.07. Its current Enterprise Value per Revenue stands at 3.528 whereas that against EBITDA is -53.946.
Stock Price History:
The Beta on a monthly basis for DKNG is 2.13, which has changed by -0.25721318 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, DKNG has reached a high of $53.61, while it has fallen to a 52-week low of $28.69. The 50-Day Moving Average of the stock is -20.17%, while the 200-Day Moving Average is calculated to be -14.78%.
Shares Statistics:
The stock has traded on average 10.38M shares per day over the past 3-months and 9783260 shares per day over the last 10 days, according to various share statistics. A total of 489.07M shares are outstanding, with a floating share count of 480.51M. Insiders hold about 4.02% of the company’s shares, while institutions hold 78.99% stake in the company. Shares short for DKNG as of 1741910400 were 23734093 with a Short Ratio of 2.29, compared to 1739491200 on 26922838. Therefore, it implies a Short% of Shares Outstanding of 23734093 and a Short% of Float of 4.97.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
