Damon Inc [NASDAQ: DMN] slipped around -0.01 points on Friday, while shares priced at $0.03 at the close of the session, down -23.09%.
Compared to the average trading volume of 25.63M shares, DMN reached a trading volume of 216384377 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 -8.04.
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 18.65, with the RSI for the last a single of trading hit 17.12, and the three-weeks RSI is set at 20.65 for Damon Inc [DMN]. The present Moving Average for the last 50 days of trading for this stock 0.3472, while it was recorded at 0.0380 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 0.09 and a Current Ratio set at 0.09.
Insider trade positions for Damon Inc [DMN]
There are presently around $0.19%, or 0.27%% of DMN stock, in the hands of institutional investors.
