Should You Hold DraftKings Inc (DKNG) Stock Wednesday Morning?

Wednesday, March 27, 2024 08:17 AM | InvestorsObserver Analysts

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DraftKings Inc (DKNG) is higher by Wednesday morning, with the stock rising 1.23% in pre-market trading to 49.28. DKNG's short-term technical score of 54 indicates that the stock has traded more bullishly over the last month than 54% of stocks on the market. In the Gambling industry, which ranks 107 out of 146 industries, the stock ranks higher than 70% of stocks. DraftKings Inc has risen 17.93% over the past month, closing at $42.33 on February 28. During this period of time, the stock fell as low as $41.62 and as high as $48.90. DKNG has an average analyst recommendation of Strong Buy. The company has an average price target of $47.54.

DKNG has an Overall Score of 48. Find out what this means to you and get the rest of the rankings on DKNG!
DraftKings Inc has a Long-Term Technical rank of 88. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 12% of the market scoring higher. In the Gambling industry which is number 74 by this metric, DKNG ranks better than 74% of stocks.

Important Dates for Investors in DKNG:

-DraftKings Inc is set to release earnings on 2024-05-02. Over the last 12 months, the company has reported EPS of $-1.75. -We do not have a set dividend date for DraftKings Inc at this time. Click Here To Get The Full Report on DraftKings Inc (DKNG)

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