DraftKings Inc. (DKNG) has seen some recent action in the stock market and its stock closed trading at $23.51 yesterday. Traders are starting to take notice of DKNG as the stock traded as high as $26.85 and as low as $23.04 in the prior market trading session.
DraftKings Inc. (DKNG) average trading volume is 2.80M. However, in the prior market trading session DraftKings Inc. (DKNG) exchanged 13,142,527 shares. The first downside support level on DKNG is $22.15. DKNG fifty day moving average is $15.47 and DKNG 200 day moving average is $13.24.
DraftKings Inc. (DKNG) recent performance has been indicated by the recent movement in DKNG stock. DKNG has performed 80.43% over the past 4 weeks, DKNG has performed 72.74% over the past quarter. DraftKings Inc. (DKNG) has a 12 month range of $9.76 to $26.85. DraftKings Inc. (DKNG) is trading 140.88% from its 12 month low and -3.96% from its 12 month high. DraftKings Inc. (DKNG) is indicating a 0.45% short float indicating the quantity short in the float.
DKNG has 682.33M shares outstanding and 682.33M shares in the float. DraftKings Inc. (DKNG) at this time has a market cap of $16.04B and income of $2.30M. The market cap of DraftKings Inc. (DKNG) at $16.04B signifies how many Traders own shares of DKNG and is calculated off the last price ($23.51) of DKNG and the quantity of shares outstanding (682.33M) with DraftKings Inc. (DKNG).
DraftKings Inc. (DKNG) has total cash (mrq) of 76.53M, total cash per share (mrq) of 196.43, total debt of DKNG rests at 101.38M. DraftKings Inc. (DKNG) running cash flow (ttm) is -78.88M and DKNG leveraged free cash flow (ttm) is -90.5M.
DKNG is trading 31.06% above (bullish) its SMA20, 51.97% above (bullish) its SMA50 and 79.63% above (bullish) its SMA200.
In recent news, on May 4, 2020, it was announced, DraftKings Debuts Online Casino in Pennsylvania. In this news it stated, DraftKings (DKNG) launched its online casino product in partnership with Hollywood Casino, an affiliate of Penn National Gaming, on Friday in Pennsylvania. The product is accessible via the DraftKings Sportsbook app and features virtual table games including Blackjack, Roulette and Three Card Poker, in addition to popular slot machine games.
About DraftKings Inc. (DKNG):
Diamond Eagle Acquisition Corp. is a blank check company. It aims to acquire one or more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase or reorganization.