(VIANEWS) – Shares of DraftKings (NASDAQ Composite: DKNG) slid 8.16% to $24.74 at 13:29 EST on Thursday, following the last session’s downward trend. NASDAQ Composite is jumping 0.05% to $14,942.83, after three consecutive sessions in a row of gains. This seems, up to now, a somewhat bullish trend exchanging session today.
DraftKings’s last close was $26.10, 64.91% under its 52-week high of $74.38.
Today’s last reported volume for DraftKings is 11715109 which is 29.84% below its average volume of 16699965.
The company’s growth estimates for the ongoing quarter is a negative 4.1% and positive 10.3% for the next.
Year-on-year quarterly revenue growth grew by 60.2%, now sitting on 1.14B for the twelve trailing months.
DraftKings’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.30%, a negative 0.68%, and a positive 3.93%, respectively.
DraftKings’s highest amplitude of average volatility was 4.04% (last week), 4.14% (last month), and 3.93% (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 overbought (>=80).
DraftKings’s Stock Yearly Top and Bottom Value
DraftKings’s stock is valued at $24.74 at 13:29 EST, under its 52-week low of $27.48.
DraftKings’s Moving Average
DraftKings’s value is way under its 50-day moving average of $42.22 and way under its 200-day moving average of $51.75.
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