(VIANEWS) – Shares of DraftKings (NASDAQ: DKNG) rose by a staggering 27.65% in 21 sessions from $14.65 at 2023-01-30, to $18.70 at 12:43 EST on Monday, after four consecutive sessions in a row of losses. NASDAQ is rising 0.74% to $11,479.32, following the last session’s downward trend.
DraftKings’s last close was $18.19, 27.27% under its 52-week high of $25.01.
About DraftKings
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, DraftKings has a trailing twelve months EPS of $-3.62.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -89.63%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DraftKings’s stock is considered to be overbought (>=80).
Volatility
DraftKings’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.09%, a positive 1.84%, and a positive 3.38%.
DraftKings’s highest amplitude of average volatility was 3.09% (last week), 4.33% (last month), and 3.38% (last quarter).
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