Damon Inc (NASDAQ:DMN) currently has a daily average trading volume of 100.04M but it saw 1185373590 shares traded in last market. With a market cap of 0.13M USD, the company’s current market price of $0.00 came falling about -65.29 while comparing to the previous closing price of $0.01. In the recent trading on the day, stock has struck highest price mark of $0.0041 while lowest mark touched by it was $0.0069.
Taking a look at 20-day trading activity of Damon Inc (DMN) gives us an average price of $0.0518. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2335. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.74% during that period while stretching the period over a month that decreases to 27.97%. 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 17.23 which implies that the stock is in oversold territory.
Over the week, DMN’s stock price is moving -72.19% down while it is -97.65% when we observe its performance for the past one month. Year-to-date it is -99.51% down and over the past year.
The company is expected to be releasing its next quarterly report in May, 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 31.42M with 37.67% of that held by the insiders while 0.19% of its common stock has been owned by the institutions.
