DraftKings DKNG
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
DraftKings (DKNG) Core Market Data and Business Metrics
Latest Closing Price
$34.43Price-Earnings Ratio
-32.79Total Outstanding Shares
499.96 Million SharesDividend
No dividendSIC Description
Services-miscellaneous Amusement & RecreationPrimary Exchange
NASDAQHeadquarters
222 Berkeley Street, Boston, MA, 02116
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 12,080,255 Shares | 1.96 | 3/14/2025 | 23,734,093 Shares |
| 13,624,396 Shares | 1.75 | 2/28/2025 | 23,793,331 Shares |
| 12,982,271 Shares | 2.07 | 2/14/2025 | 26,922,838 Shares |
| 6,046,343 Shares | 3.66 | 1/31/2025 | 22,135,950 Shares |
| 9,208,484 Shares | 2.44 | 1/15/2025 | 22,512,409 Shares |
| 7,735,707 Shares | 2.92 | 12/31/2024 | 22,620,690 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $417.77 Million |
| Net Cash Flow, Continuing | $-293.30 Million |
| Net Cash Flow From Operating Activities | $417.77 Million |
| Net Cash Flow From Financing Activities, Continuing | $-144.47 Million |
| Net Cash Flow From Financing Activities | $-144.47 Million |
| Net Cash Flow From Investing Activities, Continuing | $-566.60 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Preferred Stock Dividends And Other Adjustments | $0 |
| Operating Income/Loss | $-609.00 Million |
| Gross Profit | $1.82 Billion |
| Revenues | $4.77 Billion |
| Benefits Costs and Expenses | $5.36 Billion |
| Income Tax Expense/Benefit, Deferred | $-92.73 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $-507.29 Million |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss | $-507.29 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $4.28 Billion |
| Noncurrent Assets | $2.75 Billion |
| Current Assets | $1.53 Billion |
| Equity | $1.01 Billion |
| Other Non-current Assets | $1.77 Billion |
| Other Current Liabilities | $1.51 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||