DIH Holding US Inc (NASDAQ: DHAI) Drops -57.48% Over A Month, But Analysts Still See Upside Potential

DIH Holding US Inc (NASDAQ:DHAI) currently has a daily average trading volume of 558.95K but it saw 1976429 shares traded in last market. With a market cap of 6.45M USD, the company’s current market price of $0.14 came falling about -15.40 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.67 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.12 while lowest mark touched by it was $0.1612.

Taking a look at 20-day trading activity of DIH Holding US Inc (DHAI) gives us an average price of $0.2541, while its current price level is -96.29% below from 52-week high level whereas it is 3.18% 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 $0.4318 while that of 200 days or SMA-200 reads an average of $1.5626. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.17% during that period while stretching the period over a month that decreases to 20.27%. 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 22.83 which implies that the stock is in oversold territory.

Over the week, DHAI’s stock price is moving -28.73% down while it is -57.48% when we observe its performance for the past one month. Year-to-date it is -90.13% down and over the past year, the stock is showing a downside performance of -88.26%.

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, DIH Holding US Inc’s total number of outstanding shares is 34.86M with 50.42% of that held by the insiders while 2.08% of its common stock has been owned by the institutions. Stock’s beta reads -0.06. Stock has a price to sale or P/S ratio amounts to 0.09.