Is Damon Inc (NASDAQ: DMN) a Risk-Worthy Bet for Bold Investors?

In the latest trading session, 52.97 million Damon Inc (NASDAQ:DMN) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $0.39 changing hands around $0.09 or 27.08% at last look, the market valuation stands at $8.02M. DMN’s current price is a discount, trading about -1169.23% off its 52-week high of $4.95. The share price had its 52-week low at $0.28, which suggests the last value was 28.21% up since then.

Damon Inc (NASDAQ:DMN) trade information

Instantly DMN is in green as seen in intraday trades today. With action -21.18%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -54.56%, with the 5-day performance at -21.18% in the red. However, in the 30-day time frame, Damon Inc (NASDAQ:DMN) is -37.03% down.

Damon Inc (NASDAQ:DMN)’s Major holders

Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund. With 4.09 shares estimated at $1514.0 under it, the former controlled 0.02% of total outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held about 0.00% of the shares, roughly 7.0 shares worth around $2.0.