Dominari Holdings Inc (NASDAQ:DOMH) shares, rose in value on Wednesday, February 12, with the stock price down by -7.91% to the previous day’s close as strong demand from buyers drove the stock to $6.87.
Actively observing the price movement in the last trading, the stock closed the session at $7.46, falling within a range of $6.31 and $7.425. Referring to stock’s 52-week performance, its high was $11.33, and the low was $0.83. On the whole, DOMH has fluctuated by 560.58% over the past month.
With the market capitalization of Dominari Holdings Inc currently standing at about $43.53 million, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOMH’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of DOMH currently trading nearly 133.85% and 244.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 80.98, while the 7-day volatility ratio is showing 38.64% which for the 30-day chart, stands at 24.86%. Furthermore, Dominari Holdings Inc (DOMH)’s beta value is 1.28, and its average true range (ATR) is 0.97.
A comparison of Dominari Holdings Inc (DOMH) with its peers suggests the former has fared considerably weaker in the market. DOMH showed an intraday change of -7.91% in last session, and over the past year, it grew by 210.86%%.
Data on historical trading for Dominari Holdings Inc (NASDAQ:DOMH) indicates that the trading volumes over the past 10 days have averaged 6.46 and over the past 3 months, they’ve averaged 1.11 million. According to company’s latest data on outstanding shares, there are 6.28 million shares outstanding.
Nearly 45.43% of Dominari Holdings Inc’s shares belong to company insiders and institutional investors own 7.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.29 million shares as on 2025-01-31, resulting in a short ratio of 0.74. According to the data, the short interest in Dominari Holdings Inc (DOMH) stood at 706.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 41232.0. The stock has risen by 597.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOMH stock heading into the next quarter.
