Damon Inc (NASDAQ:DMN) traded at $0.00 at close of the session on Monday, April 21 and made an upward move of 23.53% on its previous day’s price.
Damon Inc has a market cap of $0.67 million and is expected to release its quarterly earnings report in May.
Looking further, we note the current price level is -74.05% off its SMA20 and -97.52% from its 50-day simple moving average. The RSI (14) is pointing at 18.47 while the volatility over the past week is 32.83% and jumps to 32.35% over the past one month.
Coming back to Damon Inc (NASDAQ:DMN), we note that the average 3-month trading volume was 192.91 million, while that of the preceding 10-day period stands at 782.95 million. Current shares outstanding are 158.32 million.
The insiders hold 19.98% of the company’s shares while institutions hold 17.24%. The data shows that short shares as of 2025-03-31, stood at 3.81 million at a short ratio of 0.23. Shares short rose in March from the previous month at 1.22 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -99.51% down in year-to-date price movement.
