(VIANEWS) – Shares of DraftKings (NASDAQ: DKNG) rose by a staggering 15.13% to $20.50 at 13:19 EST on Friday, after five successive sessions in a row of gains. NASDAQ is falling 1.11% to $11,724.32, following the last session’s downward trend. This seems, as yet, an all-around bearish trend exchanging session today.
DraftKings’s last close was $17.81, 28.79% below 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 -78.41%.
Volatility
DraftKings’s last week, last month’s, and last quarter’s current intraday variation average was 2.78%, 1.00%, and 3.01%.
DraftKings’s highest amplitude of average volatility was 2.78% (last week), 3.17% (last month), and 3.01% (last quarter).
Moving Average
DraftKings’s value is way above its 50-day moving average of $13.84 and way higher than its 200-day moving average of $14.45.
Sales Growth
DraftKings’s sales growth is 97.1% for the present quarter and 72.8% for the next.
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