DIH Holding US Inc [DHAI] moved down -5.03: Why It’s Important

DIH Holding US Inc [NASDAQ: DHAI] stock went on a downward path that fall over -5.03% on Wednesday, amounting to a one-week price increase of more than 23.19%.

Over the last 12 months, DHAI stock dropped by -83.82%.

The market cap for the stock reached $68.93 million, with 34.54 million shares outstanding and 21.26 million shares in the current float. Compared to the average trading volume of 146.43K shares, DHAI stock reached a trading volume of 421678 in the most recent trading day, which is why market watchdogs consider the stock to be active.

DHAI Stock Performance Analysis:

DIH Holding US Inc [DHAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.19. With this latest performance, DHAI shares gained by 12.16% in over the last four-week period, additionally sinking by -51.98% over the last 6 months – not to mention a drop of -83.82% in the past year of trading.

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 DHAI stock in for the last two-week period is set at 53.06, with the RSI for the last a single of trading hit 52.42, and the three-weeks RSI is set at 52.81 for DIH Holding US Inc [DHAI]. The present Moving Average for the last 50 days of trading for this stock 1.3450, while it was recorded at 1.8820 for the last single week of trading, and 1.8970 for the last 200 days.

Insight into DIH Holding US Inc Fundamentals:

DIH Holding US Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.53.

DIH Holding US Inc [DHAI] Institutonal Ownership Details