Is DKNG stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
We cannot find any recorded dividends paid in our systems.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Draftkings Inc 10 years ago, but if you had invested on Thursday 25th of July 2019 when the price was $9.80, you would have made a profit of $27.40 per share or 279.59%
Yes, the average daily trading liquidity for Draftkings Inc is $351.74 million. You should therefore be able to get in and out of your positions relatively fast.
Draftkings Inc has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.14, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Draftkings Inc to be medium [0.6 out of 1]