Damon Inc [NASDAQ: DMN] loss -2.78% or 0.0 points to close at $0.00 with a heavy trading volume of 194251830 shares.
If we look at the average trading volume of 219.37M shares, DMN reached to a volume of 194251830 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for DMN stock
Damon Inc [DMN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.94.
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 18.46, with the RSI for the last a single of trading hit 18.25, and the three-weeks RSI is set at 20.22 for Damon Inc [DMN]. The present Moving Average for the last 50 days of trading for this stock 0.1290, while it was recorded at 0.0039 for the last single week of trading.
Damon Inc [DMN]: A deeper dive into fundamental analysis
Damon Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.09 and a Current Ratio set at 0.09.
An analysis of Institutional ownership at Damon Inc [DMN]
There are presently around $0.04%, or 0.04%% of DMN stock, in the hands of institutional investors.
