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Is Draftkings Inc (DKNG) Stock a Good Value Friday?

Friday, August 07, 2020 10:34 AM | InvestorsObserver Analysts

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Is Draftkings Inc (DKNG) Stock a Good Value Friday?

Draftkings Inc (DKNG) is around the top of the Consumer Cyclical sector according to InvestorsObserver.

DKNG received an overall rating of 89, which means that it scores higher than 89% of stocks. Additionally, Draftkings Inc scored a 93 in the Consumer Cyclical sector, ranking it higher than 93% of stocks in that sector.

Overall Score - 89
DKNG has an Overall Score of 89. Find out what this means to you and get the rest of the rankings on DKNG!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the consumer cyclical sector with relative ease.

These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Draftkings Inc Stock Today?

Draftkings Inc (DKNG) stock has gained 4.1% while the S&P 500 is unmoved 0% as of 10:25 AM on Friday, Aug 7. DKNG is higher by $1.38 from the previous closing price of $33.65 on volume of 2,494,021 shares. Over the past year the S&P 500 is higher by 11.50% while DKNG is higher by 257.45%. DKNG earned $0.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 630.01.

To see the top 5 stocks in Consumer Cyclical click here.

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