Damon Inc (NASDAQ:DMN) currently has a daily average trading volume of 1.67M but it saw 4292644 shares traded in last market. With a market cap of 4.53M USD, the company’s current market price of $0.22 came falling about -9.92 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.95 and as low as $0.24.
Taking a look at 20-day trading activity of Damon Inc (DMN) gives us an average price of $0.4639, while its current price level is -95.60% below from 52-week high level whereas it is -9.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6300. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.97% during that period while stretching the period over a month that decreases to 16.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.07 which implies that the stock is in oversold territory.
Over the week, DMN’s stock price is moving -51.61% down while it is -61.87% when we observe its performance for the past one month. Year-to-date it is -74.35% down and over the past year.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Damon Inc’s total number of outstanding shares is 21.52M with 14.07% of that held by the insiders while 1.39% of its common stock has been owned by the institutions.
