Damon Inc [NASDAQ: DMN] stock went on a downward path that fall over -26.19% on Friday, amounting to a one-week price decrease of less than -77.70%.
The market cap for the stock reached $0.10 million, with 21.52 million shares outstanding. Compared to the average trading volume of 122.43M shares, DMN stock reached a trading volume of 1010797816 in the most recent trading day, which is why market watchdogs consider the stock to be active.
DMN Stock Performance Analysis:
Damon Inc [DMN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -77.70.
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 17.10, with the RSI for the last a single of trading hit 14.54, and the three-weeks RSI is set at 19.64 for Damon Inc [DMN]. The present Moving Average for the last 50 days of trading for this stock 0.2214, while it was recorded at 0.0093 for the last single week of trading.
Insight into Damon Inc 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.
Damon Inc [DMN] Institutonal Ownership Details
There are presently around $0.04%, or 0.04%% of DMN stock, in the hands of institutional investors.
