Value Play Or Value Trap?: DraftKings Inc., (NASDAQ: DKNG)


On 14-09-2020 (Monday), Shares of DraftKings Inc., (NASDAQ: DKNG) displayed a change of 17.27 after which it closed the day’ session at $48.62. The volume amounted to 49910245 shares which compares with the average volume of 14.30M shares. DraftKings Inc., a USA based Company, belongs to Financial sector and Shell Companies industry. The shares of DraftKings Inc. was among the active stocks of the last trading sessions.

Performance Review:

To clear the blur picture shareholders will need to look a little deeper. The LiveRamp Holdings, Inc. has shown a weekly performance of 31.41% and monthly performance stands at 34.87%.

The stock has shown a quarterly performance of 16.34% and a half-year performance stands at 312.03%. Analyst recommendation for this stock stands at 354.39.

Technical Analysis:

The stock price moved with change of 0.7654 to its 50 Day low point and changed 0.103 comparing to its 50 Day high point.

Profitability Ratios:

Looking into the profitability ratios of DKNG stock, the investor will find its ROE, ROA, ROI standing at 0.6%, 0.6% and 0%, respectively. The current relative strength index (RSI) reading is 71.36.

Target Price DKNG:

Target Price informs the investors, a stock survey at which a trader is willing to buy or sell a stock. Target pricing at which a trader projects that a buyer will buy a product. Analyst’s mean target price for the company is $47.21.


The stock price volatility remained at 8.9 in recent month and reaches at 11.46 for the week. The Average True Range (ATR) is also a measure of volatility is currently sitting at 3.43.

Simple Moving Averages DKNG:

The moving average is easy to calculate and once plotted on a chart, is a powerful visual trend-spotting tool. In theory, there is an infinite number of simple moving averages but the most common are three SMA20, SMA50 and SMA200. SMA20 is the last stop on the bus for short-term traders. Its distance from 20-days simple moving average is 29.39% and its distance from 50-days simple moving average is 37.56% while it has a distance of 107.98% from the 200-days simple moving average.

Most Important details of DraftKings Inc. (EPS):

EPS in next five year years is expected to touch 0% while EPS growth in past 5 year was 0% along with sales growth of % in the last five years. EPS growth in next year is estimated to reach 0% while EPS growth estimate for this year is set at 0%.


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