(VIANEWS) – Shares of DraftKings (NASDAQ Composite: DKNG) fell 5.07% to $46.44 at 11:40 EST on Friday, following the last session’s downward trend. NASDAQ Composite is sliding 0.46% to $15,146.09, following the last session’s upward trend. This seems, as yet, a somewhat negative trend trading session today.

DraftKings’s last close was $48.92, 34.23% below its 52-week high of $74.38.

Volume

Today’s last reported volume for DraftKings is 8037818 which is 32.98% below its average volume of 11994698.

The company’s growth estimates for the current quarter is a negative 4.1% and positive 10.3% for the next.

DraftKings’s Revenue

Year-on-year quarterly revenue growth grew by 146.1%, now sitting on 614.53M for the twelve trailing months.

Volatility

DraftKings’s last week, last month’s, and last quarter’s current volatility was a positive 0.70%, a negative 1.67%, and a positive 2.42%, respectively.

DraftKings’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.70% (last week), 3.03% (last month), and 2.42% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

DraftKings’s stock is considered to be oversold (<=20).

DraftKings’s Stock Yearly Top and Bottom Value

DraftKings’s stock is valued at $46.44 at 11:40 EST, way under its 52-week high of $74.38 and way above its 52-week low of $34.90.

DraftKings’s Moving Average

DraftKings’s value is way below its 50-day moving average of $53.52 and way under its 200-day moving average of $52.40.

Previous days news about DraftKings (DKNG)

  • Could DraftKings expanding its NFT partnership give another boost to ethereum layer 2 solution polygon?. According to Benzinga on Tuesday, 19 October, "What Happened:This followsDraftKings Inc (NASDAQ:DKNG) announcing on Monday that it plans to use the Polygon network for custom non fungible token drops and secondary market transactions for the DraftKings Marketplace.", "Since its launch in August, DraftKings Marketplace has hosted Autograph’s Preseason Access Collection NFT drops, which featured collectibles involving Tom Brady, Wayne Gretzky, Naomi Osaka, Simone Biles, and Derek Jeter."
  • DraftKings whale trades spotted. According to Benzinga on Tuesday, 19 October, "Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $60.0 for DraftKings over the last 3 months."

More news about DraftKings (DKNG).

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