Draftkings Inc (DKNG) is around the bottom of the Gambling industry according to InvestorsObserver. DKNG received an overall rating of 33, which means that it scores higher than 33 percent of all stocks. Draftkings Inc also achieved a score of 31 in the Gambling industry, putting it above 31 percent of Gambling stocks. Gambling is ranked 62 out of the 148 industries.
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 33 would rank higher than 33 percent of all stocks.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, 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 is down -7.29% while the S&P 500 has gained 0.38% as of 3:14 PM on Tuesday, Jun 2. DKNG is down -$3.19 from the previous closing price of $43.70 on volume of 23,788,495 shares. Over the past year the S&P 500 has gained 2.12% while DKNG has gained 313.47%. DKNG earned $0.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 876.46.
To see InvestorsObserver's Sentiment Score for Draftkings Inc click here.
