Dominari Holdings Inc (NASDAQ:DOMH) does about 178.28K shares in volume on a normal day but saw 23594186 shares change hands in the recent trading day. The company now has a market cap of 39.03M USD. Its current market price is $6.16, marking an increase of 91.30% compared to the previous close of $3.22. The 52 week high reached by this stock is $4.35 whilst the lowest price level in 52 weeks is $0.83.
Dominari Holdings Inc (DOMH) has a 20-day trading average at $2.32 and the current price is 41.61% off the 52-week high compared with 645.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.77 and its 200-day simple moving average is $1.86. If we look at the stock’s price movements over the week, volatility stands at 28.16%, which decreases to 22.37% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 86.21 to suggest the stock is overbought.
The consensus objective for the share price is $16.00, suggesting that the stock has a potential upside of 61.5% over the period.
The current price level is 164.97%, 248.40%, and 230.94% away from its SMA20, SMA50, and SMA200 respectively, with the DOMH price moving below the 50-day SMA on current market day. Dominari Holdings Inc (DOMH) stock is up 81.71% over the week and 422.92% over the past month. Its price is 525.76% year-to-date and 174.99% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 61.5 percent from here.
Outstanding shares total 6.28M with insiders holding 45.24% of the shares and institutional holders owning 7.30% of the company’s common stock. The company has a return on investment of -55.32% and return on equity of -46.97%. The beta has a value of 1.35. Price to book ratio is 1.01 and price to sales ratio is 3.10.
