DraftKings Inc. (NASDAQ:DKNG) has seen 3,743,065 shares traded in the recent trading session. The company, currently valued at $10.9 Billion, closed the recent trade at $33.3 per share which meant it lost -$0.3 on the day or -1.04% during that session. The DKNG stock price is -34.5% off its 52-week high price of $44.79 and 70.69% above the 52-week low of $9.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 20.96 Million shares traded. The 3-month trading volume is 10.34 Million shares.
The consensus among analysts is that DraftKings Inc. (DKNG) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 11 have rated it as a Hold, with 9 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.2.
DraftKings Inc. (NASDAQ:DKNG) trade information
Despite being -0.63% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the DKNG stock price touched $39.33- or saw a rise of 14.47%. Year-to-date, DraftKings Inc. shares have moved 214.39%, while the 5-day performance has seen it change -11.45%. Over the past 30 days, the shares of DraftKings Inc. (NASDAQ:DKNG) have changed -15.26%. Short interest in the company has seen 12.09 Million shares shorted with days to cover at 1.17.
Wall Street analysts have a consensus price target for the stock at $46.8, which means that the shares’ value could jump 40.54% from current levels. The projected low price target is $25 while the price target rests at a high of $60. In that case, then, we find that the current price level is +80.18% off the targeted high while a plunge would see the stock lose -24.92% from current levels.
DraftKings Inc. (DKNG) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0% while over the next 5 years, the company’s earnings are expected to increase by 0%.