Damon Inc (NASDAQ: DMN) is -95.96% lower on its value in year-to-date trading and has touched a low of $0.03 and a high of $4.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DMN stock was last observed hovering at around $0.04 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.03, the stock is -72.70% and -90.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 216.38 million and changing -23.09% at the moment leaves the stock -94.35% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $0.3473 and a 200-day simple moving average (SMA200) of $0.6071461.
The stock witnessed a -81.46% in the last 1 month and extending the period to 3 months gives it a -95.28%, and is -8.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.15% over the week and 18.98% over the month.
Distance from 52-week low is 7.19% and -99.31% from its 52-week high.
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Damon Inc (DMN) Top Institutional Holders
16.0 institutions hold shares in Damon Inc (DMN), with institutional investors hold 0.27% of the company’s shares. The shares outstanding are 31.42M, and float is at 25.14M with Short Float at 15.16%. Institutions hold 0.19% of the Float.
Damon Inc (DMN) Insider Activity
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