Damon Inc (NASDAQ:DMN) Could Shrink By -77.49% Or More

In recent trading session, Damon Inc (NASDAQ:DMN) saw 92.26 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $0.19 trading at $0.01 or 7.08% at last check today assigns it a market valuation of $5.15M. That most recent trading price of DMN’s stock is at a discount of -2505.26% from its 52-week high price of $4.95 and is indicating a premium of 21.05% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.49 million shares which gives us an average trading volume of 2.28 million if we extend that period to 3-months.

Damon Inc (NASDAQ:DMN) trade information

Upright in the green today for gaining 7.08%, in the last five days DMN remained trading in the green while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $0.19 price level, adding 16.52% to its value on the day. Damon Inc’s shares saw a change of -77.49% in year-to-date performance and have moved 4.56% in past 5-day. Damon Inc (NASDAQ:DMN) showed a performance of -61.41% in past 30-days. Number of shares sold short was 1.22 million shares which calculate 0.29 days to cover the short interests.

Damon Inc (NASDAQ:DMN)’s Major holders

Insiders are in possession of 19.64% of company’s total shares while institution are holding 1.14 percent of that, with stock having share float percentage of 1.41%. Investors also watch the number of corporate investors in a company very closely, which is 1.14% institutions for Damon Inc that are currently holding shares of the company.