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Is Draftkings Inc (DKNG) Stock Near the Top of the Gambling Industry?

Thursday, August 06, 2020 03:49 PM | InvestorsObserver Analysts

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Is Draftkings Inc (DKNG) Stock Near the Top of the Gambling Industry?

Draftkings Inc (DKNG) is around the top of the Gambling industry according to InvestorsObserver. DKNG received an overall rating of 69, which means that it scores higher than 69 percent of all stocks. Draftkings Inc also achieved a score of 100 in the Gambling industry, putting it above 100 percent of Gambling stocks. Gambling is ranked 59 out of the 148 industries.

Overall Score - 69
DKNG has an Overall Score of 69. Find out what this means to you and get the rest of the rankings on DKNG!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 69 means the stock is more attractive than 69 percent of stocks.

These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Draftkings Inc Stock Today?

Draftkings Inc (DKNG) stock is trading at $33.74 as of 3:46 PM on Thursday, Aug 6, a rise of $1.19, or 3.66% from the previous closing price of $32.55. The stock has traded between $32.37 and $34.27 so far today. Volume today is less active than usual. So far 6,087,904 shares have traded compared to average volume of 12,219,512 shares.

To see InvestorsObserver's Sentiment Score for Draftkings Inc click here.

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