Damon Inc [NASDAQ: DMN] slipped around -0.09 points on Wednesday, while shares priced at $0.83 at the close of the session, down -9.78%.
Compared to the average trading volume of 606.48K shares, DMN reached a trading volume of 266654 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has DMN stock performed recently?
Damon Inc [DMN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.35.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DMN stock in for the last two-week period is set at 33.02, with the RSI for the last a single of trading hit 42.16, and the three-weeks RSI is set at 27.55 for Damon Inc [DMN]. The present Moving Average recorded at 0.8888 for the last single week of trading.
Damon Inc [DMN]: Deeper insight into the fundamentals
Damon Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.01.
