No Stopping Dominari Holdings Inc (NASDAQ: DOMH) These Days

Dominari Holdings Inc (NASDAQ:DOMH) does about 1.55M shares in volume on a normal day but saw 1631308 shares change hands in the recent trading day. The company now has a market cap of 82.72M USD. Its current market price is $7.58, marking a decrease of -3.81% compared to the previous close of $7.88. The 52 week high reached by this stock is $13.05 whilst the lowest price level in 52 weeks is $0.79.

Dominari Holdings Inc (DOMH) has a 20-day trading average at $6.10 and the current price is -41.92% off the 52-week high compared with 855.17% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.20 and its 200-day simple moving average is $2.18. If we look at the stock’s price movements over the week, volatility stands at 28.08%, which increases to 34.29% 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 57.27 to suggest the stock is neutral.

The consensus objective for the share price is $16.00, suggesting that the stock has a potential upside of 52.62% over the period.

The current price level is 29.07%, 145.69%, and 260.95% 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 down -33.94% over the week and 451.60% over the past month. Its price is 701.28% year-to-date and 290.47% 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 52.62 percent from here.

Outstanding shares total 6.28M with insiders holding 40.73% of the shares and institutional holders owning 5.67% 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 1.19. Price to book ratio is 1.24 and price to sales ratio is 6.57.