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

Friday, September 25, 2020 9:46 AM | InvestorsObserver Analysts

The 97 rating InvestorsObserver gives to Draftkings Inc (DKNG) stock puts it near the top of the Consumer Cyclical sector.

In addition to scoring higher than 89 percent of stocks in the Consumer Cyclical sector, DKNG’s 97 overall rating means the stock scores better than 97 of all stocks.

Overall Score - 97
DKNG has an Overall Score of 97. Find out what this means to you and get the rest of the rankings on DKNG!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 97 would rank higher than 97 percent of all stocks.

Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in consumer cyclical or look for the sector that has the highest average score.

The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Draftkings Inc Stock Today?

Draftkings Inc (DKNG) stock has gained 3.97% while the S&P 500 is flat 0% as of 9:43 AM on Friday, Sep 25. DKNG has gained $2.01 from the previous closing price of $50.57 on volume of 281,940 shares. Over the past year the S&P 500 is higher by 9.03% while DKNG has gained 433.81%. DKNG earned $0.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 950.92.

Click Here to get the full Stock Score Report on Draftkings Inc (DKNG) Stock.

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